Earlier quoted context omitted.
Also Obsidian is a small team (< 5 people IIRC?) and they don't have to monetize as aggressively to make back the money that VCs have funded them with.
I think this is the key issue here. There are a lot of VC funded start ups that have a good product and a solid market fit, but they were never supposed to become 500+ employee companies. If you have a product that works and makes a good profit, and you can maintain it with 10 people and extend it with 5 more, sometimes that just is the company. In this context I think it is important to note that Ycombinator was fou…
VCs want to get you to grow rapidly because the only way to move the needle on their returns is to blow the roof off. However as a founder, this is proof you can have a great business and a great quality of life by keeping costs relatively low, the team relatively small, just cranking out code and having fun.