Cartoonists of Color and Queer Cartoonists
There are certain topics that even some of the smartest people I talk with who aren’t startup oriented can’t fully grok. One of them is whether profitability matters. It’s common cocktail party chatter to hear people confidently pronounce that some well known startup is sure to blow up.
Or you know the other one — the one where Snapchat lost $2 billion in just one quarter. Two-fucking-billion! What a disaster! Except that they didn’t actually lose $2 billion in cash. It was a stock option incentive related “expense” but I bet you didn’t know that because in an era where we only read the headlines — they must be a train wreck losing billions. (They actually lost about $175 million in cash in that quarter, FWIW. See appendix if you want to know more on this.)
“How could they succeed when they’re not even profitable!”
If you hire 6 senior sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 6 months. Your profitability will go down for 2 quarters while your growth may increase dramatically in quarters 3–12.
I know this seems obvious but I promise you that even smart people forget this when talking about profitability. 70–80% of the costs of most startups are employee costs so what you’re really talking about when a company is unprofitable is that they are growing their staff ahead of their revenue.
joker
December 10, 2020 at 3:24 pmLooking forward to reading more. Great blog. Really thank you! Want more. Mignon Fowler Judie
online
January 31, 2021 at 10:48 amWheee, Happle Tea is baaack. Way to go and we thank you for all of your efforts in life. Judi Moises Witt
dublaj
January 31, 2021 at 10:10 pmYoure so awesome! I do not intend Ive read anything such as this before. So wonderful to discover someone with some original ideas on this subject. realy thanks for beginning this up. this web site is something that is needed online, a person with a little creativity. valuable job for bringing something brand-new to the net! Vida Lorant Hester
123movies
January 31, 2021 at 10:18 pmWorking with #Mitech is like having a family member who can fix everything. They know what you need, exactly when you need it. Carlynne Darrick Sibell
filmkovasi
February 1, 2021 at 1:21 pmAfter exploring a number of the blog articles on your site, I truly appreciate your technique of blogging. I saved as a favorite it to my bookmark website list and will be checking back in the near future. Please check out my web site as well and let me know your opinion. Modesty Morgen Boggers
123movies
February 1, 2021 at 9:02 pmMassa suspendisse lorem turpis ac. Pellentesque volutpat faucibus pellentesque velit in, leo odio molestie, magnis vitae condimentum. Linet Karlik Schweiker
altyazili
February 6, 2021 at 6:43 pmPretty! This has been an incredibly wonderful post. Many thanks for supplying this info. Chrissie Marcel Sela
movie online
February 6, 2021 at 10:59 pmHello there! This article could not be written much better! Looking through this article reminds me of my previous roommate! He continually kept talking about this. I am going to send this information to him. Fairly certain he will have a very good read. Thank you for sharing! Sean Dick Gan
720p
February 6, 2021 at 10:59 pmHello. splendid job. I did not expect this. This is a fantastic story. Thanks! Midge Berkeley Fredericka
yabanci
February 7, 2021 at 12:27 amThat idea will make the countries that banned Bitcoin end up adopting Trader Gloriane Marco Cinda
altyazili
February 7, 2021 at 12:27 amI am in fact grateful to the holder of this web page who has shared this great article at here. Marcie Jeremie Marcel
dublaj
February 7, 2021 at 1:09 amI have read so many articles about the blogger lovers however this piece of writing is in fact a fastidious post, keep it up.| Randa Korey Seleta
aksiyon
February 10, 2021 at 10:16 amI cannot thank you enough for the article post. Much thanks again. Fantastic. Colene Thedric Desmond
Tilly
June 29, 2021 at 2:31 pmDoes your site have a contact page? I’m having problems locating it but, I’d like to shoot you an e-mail.
I’ve got some ideas for your blog you might be interested in hearing.
Either way, great blog and I look forward to seeing it grow over time.
Also visit my web-site :: weed gummies
Bernadette
June 29, 2021 at 7:38 pmQuality articles is the secret to invite the visitors to pay a quick visit the site, that’s what this website is providing.
Also visit my website :: THC edibles
Linnea
July 1, 2021 at 2:39 amAttractive part of content. I just stumbled upon your
blog and in accession capital to claim that I acquire in fact loved account your blog posts.
Any way I will be subscribing to your feeds
and even I fulfillment you get admission to constantly
fast.
My blog post … delta 8 THC gummies
Charmain
July 1, 2021 at 5:50 pmHey very interesting blog!
My page :: Best THC Gummies
zovre lioptor
July 3, 2021 at 4:06 amSome genuinely nice and utilitarian info on this internet site, likewise I believe the pattern has got excellent features.
Shawna
July 5, 2021 at 1:17 amGreate post. Keep writing such kind of information on your blog.
Im really impressed by your site.
Hi there, You’ve performed a fantastic job. I’ll certainly digg it and for my part suggest to my friends.
I am sure they’ll be benefited from this website.
Feel free to visit my site where to find weed
Trent
July 6, 2021 at 9:59 amA person essentially help to make seriously articles
I might state. That is the very first time I frequented your website page and up to now?
I surprised with the analysis you made to create this particular submit incredible.
Excellent activity!
Stop by my blog post :: buy weed near me
Ahmed
July 7, 2021 at 1:49 amI truly love your website.. Excellent colors & theme.
Did you make this web site yourself? Please reply back
as I’m wanting to create my own website and would like to find out where you got this from or exactly
what the theme is named. Many thanks!
Have a look at my blog post … buy tiktok followers
Christopher
July 8, 2021 at 12:26 pmOh my goodness! Awesome article dude! Many thanks, However I am going through difficulties
with your RSS. I don’t know why I can’t subscribe to it.
Is there anyone else getting similar RSS problems?
Anybody who knows the solution will you kindly respond?
Thanx!!
Feel free to surf to my blog; buy weed
Anitra
July 8, 2021 at 6:21 pmRidiculous story there. What occurred after? Take care!
Here is my webpage; buy weed – http://www.heraldnet.com –
Kristofer
July 9, 2021 at 4:00 amI like the valuable info you provide in your articles.
I’ll bookmark your weblog and check again here regularly.
I am quite sure I’ll learn many new stuff right here!
Good luck for the next!
My web page; buy weed online (http://www.juneauempire.com)
Clair
July 11, 2021 at 8:26 pmIt’s really a cool and helpful piece of information. I am happy that you shared this helpful information with us.
Please stay us informed like this. Thanks for sharing.
Here is my web page where To buy weed
Janice
July 14, 2021 at 9:52 amI’m gone to inform my little brother, that he should also pay a visit this website on regular basis to get updated from most recent news update.
Also visit my website … buy Instagram followers
Trisha
July 19, 2021 at 11:15 amHi to every body, it’s my first pay a quick visit of this webpage; this weblog carries awesome and in fact excellent material in favor of readers.
My blog post; cbd for dogs amazon
Janna
July 19, 2021 at 3:14 pmI’ve been exploring for a bit for any high-quality articles or blog posts in this kind of area .
Exploring in Yahoo I finally stumbled upon this
web site. Reading this information So i’m happy to show that I have an incredibly
good uncanny feeling I found out exactly what I needed. I so much no doubt will make sure to don?t forget this site and provides it a glance on a constant
basis.
my page … cbd gummies for pain (Ezra)
Sue
July 19, 2021 at 11:52 pmMy spouse and I absolutely love your blog and find
the majority of your post’s to be precisely what I’m looking for.
Do you offer guest writers to write content for yourself? I wouldn’t mind producing a post or elaborating
on a lot of the subjects you write concerning here. Again, awesome website!
My web-site … best kratom, http://www.peninsuladailynews.com,