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Mohandas Warrior, a former executive with Motorola's semiconductor unit, now runs Alfalight, which might turn profitable in a year.
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In his analysis of the staging decisions in VC, Gompers (1995) argues that firms that go public might quickly turn profitable and would need less funding instead of more.
Though the company does not earn profits, the Bansals say they will turn profitable soon.
Of course, it could turn profitable more quickly.
Youku Tudou, which may turn profitable next year, has a market capitalisation of $2.8 billion.
Ecclestone expects Minera Andes to turn profitable within a year.
Mediaite also expects to turn profitable this year as well.
And the startup expects to turn profitable this year.
However, the probability that an extremely OTM option will turn profitable is really quite slim.
Just one would be enough for the company to turn profitable.
He needs to get a lot more business to turn profitable.
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