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Posting turnover of $4M without discussing your costs means this article lacks credibility. It would have been better to state your actual profit. Is it 4m/yea
by n9com 13y ago
Posting turnover of $4M without discussing your costs means this article lacks credibility. It would have been better to state your actual profit.
Is it 4m/year revenue with 1m in profit, or is 50k in profit... makes a big difference.
- marcamillion 13y agoGiven the stage of growth they are in - early stage of likely hyper growth - their profit doesn't make much of a difference right now. They are likely reinvesting everything into the business, thereby leaving them with little to no profit.
- usaar333 13y agoSpeaking of growth, how does everyone view their growth rate, which is 10% month over month? By the standards of a VC-backed company at their current revenues, it feels low. But I'm guessing this is considered quite high for bootstrapping?