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Ask HN: How long did you stuck with your startup before it is profitable?

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Re: Ask HN: How long did you stuck with your startup before it is profitable?

#7
I've worked at a few startups in the past and can give you this history:

1) First one was an ISP, boot-strapped. 4 years. Mildly profitable, sold to a larger ISP.

2) The next one was a short stint with a e-retailer. They were almost immediately profitable, but needed some serious cash to grow. So it sold within a couple of years and the founders all still work there. It's wildly profitable now, but alas none of the founders can capitalize on that success outside of a steady job.

3) Next one was a NLP middle-ware company (yes, they exist) that had been around for more than a decade, I came in near the end and worked there for 3 years. It sold right after I left (I didn't have equity). I believe it was unprofitable.

4) After a few years bouncing around mega-corporations I came back to startup land. We're 4 years in. Just hit profitability this year and then the Congressional funding disaster hit (we're almost entirely government business). We're going to see if we can make it through, but we may end up selling.

5) My wife and I just launched our new company www.kymalabs.com (her main job, my part-time job). We'll see how long that goes! We'd actually like it to grow enough to pay our bills and give us long-term employment, but who knows!

Re: Ask HN: How long did you stuck with your startup before it is profitable?

#8

3 years, then I realized it wasn't going anywhere I wanted to go, so I sold it. Wasn't profitable.

Don't mean to ask something personal, but curious to know how much you sold it for. A relative figure in % to your yearly pay before would be fine too.

Re: Ask HN: How long did you stuck with your startup before it is profitable?

#9

Bootstrapped the entire operation for three years before it started generating any revenue. Took about 5 months from turning on the monetization aspect before it broke even month to month...We're netting about $3k profit each month now.

"Profit" as in after everyone gets paid?

Re: Ask HN: How long did you stuck with your startup before it is profitable?

#10
About a year and a half. 4-5 months into it, we pivoted quickly (back before anyone called it pivoting). We had investors, and mostly living off "ramen noodles." At 10 months in, we turned it on to make money. I still remember the fun of getting our first paying customer, and then checking everything over and over again to make sure everything went well. It wasn't until late spring of next year that we started seeing real progress and upward momentum, and could support and our operation without needing investment.
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