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Re:Incubator RoundUp 2008 (YC, TechStars, DreamIt, LaunchBox) by schoudha on Friday January 09, 2009 @12:45AM (#426269)
Being profitable doesn't mean you not should raise money. If anything it's an opportunity to raise money on favorable terms as you don't need VCs.
Re:Incubator RoundUp 2008 (YC, TechStars, DreamIt, LaunchBox) by pg on Friday January 09, 2009 @12:49AM (#426274)
Four were (ramen) profitable by Demo Day this summer. Two of those did take money from investors. The other two might still at some point. All four have had offers.