> How many startups are actually profitable - that is, genuinely creating more cash than they are burning? I think I can count them on one hand.
Surprisingly less true than you might think. I am friends with many founders that are cash flow positive!
Also, I haven't yet seen many of these crazy valuations. I mean, I see a few in TechCrunch every now and then, but the consistency of the valuations I'm seeing seems to be rare compared to others' experiences.
Surprisingly less true than you might think. I am friends with many founders that are cash flow positive!
Also, I haven't yet seen many of these crazy valuations. I mean, I see a few in TechCrunch every now and then, but the consistency of the valuations I'm seeing seems to be rare compared to others' experiences.