Should Startups Care About Profitability?
Both Sides of the Table
JUNE 17, 2017
They actually lost about $175 million in cash in that quarter, FWIW. I know this seems obvious but I promise you that even smart people forget this when talking about profitability. They raised $5 million in venture capital to fund growth. See appendix if you want to know more on this.) Not necessarily.
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