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A comment on 74% of Startups Have Trimmed Staff, 65% Have Less Than 6 Months of Cash. Parent comment

Re:74% of Startups Have Trimmed Staff, 65% Have Less Than 6 ... by majewsky on Saturday May 02, 2020 @11:05AM (#23052155)
Where do you draw the line for "validating a business model"?

Uber was founded 11 years ago. How long do you need to validate the business model of a taxi app?

AirBNB was founded nearly 12 years ago. How long until they're done validating the business model of letting people rent apartments over a website?

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Re:74% of Startups Have Trimmed Staff, 65% Have Less Than 6 ... by stevehawk on Saturday May 02, 2020 @11:48AM (#23052399)
I feel like a business model is validated when it becomes profitable, which it's why many of us don't validate the Uber/Lyft business model yet.
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Re:74% of Startups Have Trimmed Staff, 65% Have Less Than 6 ... by majewsky on Saturday May 02, 2020 @02:39PM (#23053902)
Okay, so it's partially computable. But non-viability can never be proven?
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