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Maybe this is the first step; the company gets profitable early growth and becomes sustainable, which funds development to grow the business into other vertical and complementary areas.
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It's because being big is key to being profitable, and getting big fast is key to getting profitable faster.
"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".
"If you bootstrap, the tendency is to try to get profitable early so you don't need to put in more money, but you end up missing a big opportunity".
I spent the last year working on, 'What is the business model and how do we get profitable?' This change was less about moving back than it was about an opportunity at a company that I really wanted to take advantage of".
When does e-commerce get profitable?
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com