News for hackers. Stuff that matters.
Re:Atlassian is 20 years old and unprofitable by marcosdumay on Thursday June 30, 2022 @11:24AM (#31933748)
> it's actually bad to be profitable when you're growing

VCs love risk. They will want to dramatically reduce your chances of a small positive outcome if it means a increase on your (always small) chances of a huge positive outcome.

Re:Atlassian is 20 years old and unprofitable by foobiekr on Thursday June 30, 2022 @12:39PM (#31935081)
VCs love _technical_ risk. Outside of the very unusual circumstances of the Zero to One capital-funded-monopoly-theory era, they have considered _business_ risk quite toxic.
Re:Atlassian is 20 years old and unprofitable by marcosdumay on Thursday June 30, 2022 @01:38PM (#31935841)
Hum... Quickly investing all your money into product development creates what kind of risk? I'm having a hard time separating them.

Anyway, that can quite possibly be perfectly aligned with your company's goals. It's not a bad or good thing. It's just a thing.

Re:Atlassian is 20 years old and unprofitable by foobiekr on Friday July 01, 2022 @12:45PM (#31949129)
My point is that you state "VCs love risk" and I'm trying to help you clarify the way you think about this. VCs don't love _risk_ at all, they love _things that are an technical execution risk but would sell immediately if they can be done_.

Business risk stuff - does the market exist? is a new pricing model possible? etc. - is not at all on the list of risks that VCs like.