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No, but we got revenue. http://urlbox.io - We are screenshot as a service.
I ask because I seem to have 100's of ideas like this but feel like they fall into the 'feature' category, rather than a full business.
Anyway, good luck with it, the site and features look great!
Useless poll
Anybody willing to share profit ranges? We're in the $1-5M range. About 9 months old. Bootstrapped.
The problem with this poll is that all the folks who are unprofitable will keep quiet and all those that are will share it proudly :-) Useless poll
Profit is funny for the startup scene. When first starting out building my company, my co-founder and I were often focused heavily on "profit" when talking to VC's and pitching. At a demo day we had a meeting with a partner from a big fund and pitched him. He turned us down and told us why but was kind enough to have a follow-on meeting with us to talk further about our pitching strategy and general business strategy…
How does it pan out long-term for a VC to advocate for this strategy and this strategy alone?
Edit: My gut instinct is that this is an example of a VC valuing short-term gain at the expense of literally everything else. They don't want your business to succeed, they want their business to succeed. They don't want the economy to boom, they want to outpace the economy any way they can. Maybe I just lack experience in this realm (I have nearly zero experience dealing with VCs), and/or this is overly cynical, but this just pisses me off.
The problem with this poll is that all the folks who are unprofitable will keep quiet and all those that are will share it proudly :-) Useless poll
Profit is funny for the startup scene. When first starting out building my company, my co-founder and I were often focused heavily on "profit" when talking to VC's and pitching. At a demo day we had a meeting with a partner from a big fund and pitched him. He turned us down and told us why but was kind enough to have a follow-on meeting with us to talk further about our pitching strategy and general business strategy…
Isn't this a huge burden on the economy as a whole? The vast majority of businesses which follow this strategy will go out of business without ever creating more value than they consumed. A significant percentage of those will over leverage and file bankruptcy, pushing their losses off onto those who helped finance them while driving up interest rates. How does it pan out long-term for a VC to advocate for this strat…
Anybody willing to share profit ranges? We're in the $1-5M range. About 9 months old. Bootstrapped.
Yep! (I feel proud and lucky to say that) Bootstrapped on $60 in Adwords by my business partner when he was selling a finance spreadsheet in college. :) http://www.youneedabudget.com