At the Early Stage, Focus on Unit Economic Profitability, not Corporate Profitability

When asking pre-seed companies about their anticipated burn rates and cash spend over the following twelve months, I often get a boastful response along the lines of, “well, we’re profitable now, it’s just a matter of how much we want to spend”. That’s great, and I applaud pre-seed or bootstrapped companies that have found profitability, […] Read more

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