Should startups care about profitability?

    There are certain topics that even some of the smartest people I talk with who aren’t startup oriented can’t fully grok. One of them is whether profitability matters. It’s common cocktail party chatter to hear people confidently pronounce that some well known startup is sure to blow up.

    Or you know the other one — the one where Snapchat lost $2 billion in just one quarter. Two-fucking-billion! What a disaster! Except that they didn’t actually lose $2 billion in cash. It was a stock option incentive related “expense” but I bet you didn’t know that because in an era where we only read the headlines — they must be a train wreck losing billions. (They actually lost about $175 million in cash in that quarter, FWIW. See appendix if you want to know more on this.)

    “How could they succeed when they’re not even profitable!”

    If you hire 6 senior sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 6 months. Your profitability will go down for 2 quarters while your growth may increase dramatically in quarters 3–12.
    I know this seems obvious but I promise you that even smart people forget this when talking about profitability. 70–80% of the costs of most startups are employee costs so what you’re really talking about when a company is unprofitable is that they are growing their staff ahead of their revenue.

    Comentários

    • binance
      31 de agosto de 2024 at 23:47

      I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.

    • ustvarite racun na binance
      3 de setembro de 2024 at 19:35

      Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?

    • binance create account
      23 de setembro de 2024 at 19:28

      Your point of view caught my eye and was very interesting. Thanks. I have a question for you. https://accounts.binance.com/en-ZA/register?ref=JHQQKNKN

    • 最佳Binance推荐代码
      23 de setembro de 2024 at 23:23

      Your point of view caught my eye and was very interesting. Thanks. I have a question for you. https://accounts.binance.com/ru/register?ref=V3MG69RO

    • Zarejestruj sie na Binance
      27 de setembro de 2024 at 20:34

      I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article. https://accounts.binance.com/en-IN/register?ref=UM6SMJM3

    • Registrarse
      28 de setembro de 2024 at 15:56

      Your article helped me a lot, is there any more related content? Thanks!

    • binance hesabi olusturma
      30 de setembro de 2024 at 17:04

      Your article helped me a lot, is there any more related content? Thanks!

    • binance create account
      1 de outubro de 2024 at 15:22

      Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.

    • Ouvrir un compte Binance
      2 de outubro de 2024 at 20:28

      Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.

    • Create a free account
      3 de outubro de 2024 at 18:44

      Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.

    • Deschidere cont Binance
      3 de outubro de 2024 at 20:26

      Your point of view caught my eye and was very interesting. Thanks. I have a question for you.

    • codice di riferimento binance
      10 de outubro de 2024 at 06:39

      Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.

    • Create a free account
      11 de outubro de 2024 at 19:04

      Thanks for sharing. I read many of your blog posts, cool, your blog is very good.

    • melhor código de indicac~ao da binance
      14 de outubro de 2024 at 14:37

      Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.

    • www.binance.com registrera dig
      14 de outubro de 2024 at 21:51

      Your article helped me a lot, is there any more related content? Thanks!

    • criar uma conta na binance
      17 de outubro de 2024 at 15:51

      Thanks for sharing. I read many of your blog posts, cool, your blog is very good.

    • binance register
      20 de outubro de 2024 at 06:12

      Your point of view caught my eye and was very interesting. Thanks. I have a question for you.

    • binance
      20 de outubro de 2024 at 21:02

      Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.

    • kalorifer sobası
      22 de outubro de 2024 at 15:51

      Keep up the fantastic work! Kalorifer Sobası odun, kömür, pelet gibi yakıtlarla çalışan ve ısıtma işlevi gören bir soba türüdür. Kalorifer Sobası içindeki yakıtın yanmasıyla oluşan ısıyı doğrudan çevresine yayar ve aynı zamanda suyun ısınmasını sağlar.

    • binance алдым-ау
      25 de outubro de 2024 at 18:35

      Thanks for sharing. I read many of your blog posts, cool, your blog is very good.

    • binance
      29 de outubro de 2024 at 21:41

      Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.

    • criar conta na binance
      30 de outubro de 2024 at 12:59

      I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.

    • вдкрити акаунт на бнанс
      2 de novembro de 2024 at 08:46

      Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.

    • binance Sign Up
      2 de novembro de 2024 at 10:51

      Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?

    • Skapa ett gratis konto
      3 de novembro de 2024 at 19:57

      I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.

    • vytvorenie úctu na binance
      8 de novembro de 2024 at 10:47

      Your point of view caught my eye and was very interesting. Thanks. I have a question for you.

    • Registrarse
      10 de novembro de 2024 at 07:48

      Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.

    • binance
      11 de novembro de 2024 at 21:22

      Thanks for sharing. I read many of your blog posts, cool, your blog is very good.

    • binance Sign Up
      12 de novembro de 2024 at 01:13

      Your point of view caught my eye and was very interesting. Thanks. I have a question for you.

    • binance
      19 de novembro de 2024 at 05:27

      Your point of view caught my eye and was very interesting. Thanks. I have a question for you.

    • binance
      20 de novembro de 2024 at 01:44

      Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.

    • binance
      21 de novembro de 2024 at 11:27

      I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.

    • Binance
      22 de novembro de 2024 at 12:30

      Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.

    • binance
      25 de novembro de 2024 at 12:34

      Your point of view caught my eye and was very interesting. Thanks. I have a question for you.

    • b^onus de indicac~ao binance
      26 de novembro de 2024 at 03:31

      I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.

    • 免费Binance账户
      26 de novembro de 2024 at 11:08

      Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?

    • Anônimo
      27 de novembro de 2024 at 20:45

      Your article helped me a lot, is there any more related content? Thanks!

    • binance
      29 de novembro de 2024 at 22:14

      Your point of view caught my eye and was very interesting. Thanks. I have a question for you.

    • Vytvorení bezplatného úctu
      1 de dezembro de 2024 at 04:13

      Your article helped me a lot, is there any more related content? Thanks!

    • binance
      1 de dezembro de 2024 at 07:22

      I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.

    • binance
      1 de dezembro de 2024 at 23:37

      Your point of view caught my eye and was very interesting. Thanks. I have a question for you.

    • binance
      4 de dezembro de 2024 at 19:21

      Thanks for sharing. I read many of your blog posts, cool, your blog is very good.

    • бнанс Реферальний код
      5 de dezembro de 2024 at 10:55

      I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.

    • 注册
      6 de dezembro de 2024 at 22:23

      I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.

    • Binance推荐
      8 de dezembro de 2024 at 20:07

      Thanks for sharing. I read many of your blog posts, cool, your blog is very good.

    • binance
      9 de dezembro de 2024 at 16:10

      Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?

    • Λογαριασμ Binance
      11 de dezembro de 2024 at 08:11

      Your article helped me a lot, is there any more related content? Thanks!

    • criac~ao de conta na binance
      11 de dezembro de 2024 at 10:15

      Your article helped me a lot, is there any more related content? Thanks!

    • Създаване на безплатен профил
      12 de dezembro de 2024 at 11:29

      Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me? https://www.binance.com/sl/register?ref=PORL8W0Z

    • binance
      13 de dezembro de 2024 at 00:12

      Your article helped me a lot, is there any more related content? Thanks!

    • binance
      13 de dezembro de 2024 at 19:27

      Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?

    • binance
      14 de dezembro de 2024 at 05:29

      Thanks for sharing. I read many of your blog posts, cool, your blog is very good.

    • create a binance account
      15 de dezembro de 2024 at 11:32

      Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me. https://www.binance.com/fr/register?ref=GJY4VW8W

    • Iscriviti per ottenere 100 USDT
      16 de dezembro de 2024 at 04:55

      Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.

    • M~a binance
      16 de dezembro de 2024 at 08:18

      I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.

    • electronic truck scales Iraq
      16 de dezembro de 2024 at 19:45

      Choose BWER for trusted weighbridge systems in Iraq, offering customized solutions to optimize your industrial operations and ensure precise weight measurement every time.

    • Εγγραφ στο Binance
      16 de dezembro de 2024 at 22:22

      Thanks for sharing. I read many of your blog posts, cool, your blog is very good. https://accounts.binance.com/en-IN/register?ref=UM6SMJM3

    • binance
      18 de dezembro de 2024 at 12:07

      Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me? https://accounts.binance.com/register?ref=P9L9FQKY

    • binance skapa konto
      19 de dezembro de 2024 at 04:08

      Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.

    • binance koda za napotitev
      19 de dezembro de 2024 at 17:46

      Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?

    • binance
      21 de dezembro de 2024 at 07:37

      Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.

    • Binance账户创建
      22 de dezembro de 2024 at 19:28

      Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?

    Adicionar um comentário

    Deixe um comentário

    O seu endereço de e-mail não será publicado. Campos obrigatórios são marcados com *

    Contato por Whatsapp

    SIMULE O SEU FINANCIAMENTO

    Preencha seus dados que iremos falar com você brevemente

    Seus Dados

    TENHO INTERESSE

    Preencha seus dados que iremos falar com você brevemente

    Seus Dados