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"We would like to get profitable, have a return on investment," Stern said.
Venture capitalists have begun preaching frugality, urging the start-ups they have invested in to cut costs and get profitable.
Small is beautiful "Companies are going to have to get profitable, break even or go away," Calacanis says.
"We raised enough capital to see us until we get profitable, and it established our name as the leader in the space.
For start-ups, they said, it would be the survival of the quickest — the quickest to cut costs and get profitable.
"Job 1," said Michael E. Rescoe, the chief financial officer, "is to get profitable and to stop the cash burn, whether industry conditions improve or not".
Similar(43)
It's because being big is key to being profitable, and getting big fast is key to getting profitable faster.
Based on the outlook I dont see them getting profitable before they run out of money, Hunt says.
It depends on what his immediate goals are: getting big or getting profitable.
Instead, they say, it's about cutting costs and getting profitable faster.
(See "Scottish & Newcastle & Carlsberg & Heineken") Heineken, meanwhile, is getting profitable but slow-growing operations in Great Britain and other major European markets.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com