Cartoonists of Color and Queer Cartoonists – Avail Online Directory

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.

Comments

  • john wick
    December 10, 2020 at 5:23 pm

    There is definately a lot to find out about this subject. I really like all the points you made. Angela Harmon Welcher

  • hd sex
    December 14, 2020 at 9:48 pm

    My brother recommended I might like this blog. He was enfirely right. Breanne Irving Romilda

  • casino
    December 17, 2020 at 9:30 am

    I reallly like your writing style, exceellent info, regards for posting :D. Gwenneth Randolf Salter

  • erotik
    December 17, 2020 at 10:49 pm

    I view something genuinely interesting about your blog so I saved to bookmarks . Wendeline Griswold Ause

  • erotik
    December 18, 2020 at 5:33 am

    Appreciate you sharing, great blog article. Really looking forward to read more. Really Cool. Nanice Trueman Walcott

  • erotik
    December 18, 2020 at 9:09 am

    This is my first time visit at here and i am truly impressed to read everthing at single place. Harmony Othello Reiner

  • erotik
    December 18, 2020 at 10:59 am

    These are actually enormous ideas in on the topic of blogging. You have touched some good things here. Any way keep up wrinting. Mimi Emlen Walsh

  • erotik
    December 18, 2020 at 1:18 pm

    Great post, you have pointed out some good points , I besides conceive this s a very fantastic website. Evey Curtis Wang

  • bahis
    December 18, 2020 at 4:17 pm

    I visited multiple sites however the audio quality for audio songs present at this web site is truly excellent. Brittan Hubie Isbella

  • bahis
    December 18, 2020 at 6:33 pm

    I love it when people come together and share opinions, great blog, keep it up. Magda Roley Madelin

  • bahis
    December 19, 2020 at 5:58 am

    I reckon something genuinely special in this internet site. Marquita Bond Kimmie

  • bahis
    December 19, 2020 at 10:59 am

    Your method of telling everything in this paragraph is truly good, all be capable of easily be aware of it, Thanks a lot. Datha Kliment Valoniah

  • erotik
    December 19, 2020 at 2:15 pm

    Thank you for your blog. Really thank you! Awesome. Fidela Emmet Ham

  • bahis
    December 19, 2020 at 4:07 pm

    Article writing is also a excitement, if you know after that you can write if not it is complicated to write. Neile Brody Sabsay

  • torrent
    December 20, 2020 at 7:25 am

    I am in fact thankful to the holder of this web site who has shared this wonderful post at here. Dorene Kipp Dell

  • bluray
    December 20, 2020 at 10:48 am

    Say, you got a nice article post. Really looking forward to read more. Really Great. Bird Donnie Medora

  • download
    December 20, 2020 at 4:46 pm

    Download a VPN that has everything you need like fast speed and a vast number of locations and servers. Roberta Gordy Brasca

  • yify
    December 20, 2020 at 8:09 pm

    I consider something truly interesting about your web blog so I saved to favorites . Emogene Quincey Ginelle

  • download
    December 20, 2020 at 11:19 pm

    Hi friends, its enormous post concerning cultureand fully explained, keep it up all the time. Rita Grover Gut

  • web-dl
    December 21, 2020 at 6:11 am

    Woah! I am really loving the template/theme of this blog. Antonie Jack Haswell

  • bluray
    December 21, 2020 at 10:01 pm

    Remarkable! Its actually amazing article, I have got much clear idea regarding from this paragraph. Helli Davin Michelsen

  • bedava
    December 22, 2020 at 12:39 pm

    Ahaa, its pleasant dialogue about this article at this place at this weblog, I have read all that, so at this time me also commenting here. Agace Upton Starkey

  • download
    December 23, 2020 at 4:47 am

    Hello, this weekend is good in support of me, for the reason that this moment i am reading thhis wonderful educationnal post here at my house. Kailey Lewiss Tiphani

chat
Add a comment