Re:Post YC Depression
by sub7 on Wednesday March 04, 2020 @02:00PM
(#22486729)
> Business success is users and growth and revenue
Nope, it's net profit. I know there are fashionable exceptions like Uber/Amazon that grab market share in a winner take all market before focusing on profit but for 99% of companies out there, unit economics are still the measure of success.
I've been part of companies with insane growth, crazy fund raises etc that eventually died because revenue didn't keep up with costs.
Nope, it's net profit. I know there are fashionable exceptions like Uber/Amazon that grab market share in a winner take all market before focusing on profit but for 99% of companies out there, unit economics are still the measure of success.
I've been part of companies with insane growth, crazy fund raises etc that eventually died because revenue didn't keep up with costs.