[andrefuchs]

Talking about revenue without one word about profits.

[notabanker]

I knew a startup founder who was spending 10-15K Euros on marketing each month. He knew the startup was a dead-end but had raised money and wanted a "managed X million $ budget" bullet point on his resume so he could apply for high-level job positions later on. It came down to fundraising for resume building.

[muzani]

Everyone raising money is expected to be unprofitable, no?

[notabanker]

Unprofitability is rampant among public software companies: https://survivingtomorrow.org/why-do-so-many-famous-companie...

Wonder if you have an opinion -- has unprofitability always been this pervasive or is this how businesses are generally run?