Growth at All Costs vs Profitability

There’s a massive shift happening at Silicon Valley. 15 years ago, since the last dot-com bust, Wall Street started to reward tech companies going public on growth. They opted to reward on growth because rewarding based on pure eyeballs or buying a .com and a paper napkin idea wasn’t enough, but rewarding based on profitability was too hard. If the last few months are any indication, it has become clear that growth alone is not enough for companies to go public any longer. You have to have strong business metrics. Shockingly, you have to make money. You have to be profitable. Read More>>

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