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by Snowdax 3514 days ago
The best businesses need to raise less money because they can fund themselves via profit or manage burn rate to a high degree via cost cutting. If you don't do one of those, you will need to raise more outside capital. Thus sell more of your company. Notice how the most successful companies have leaders who sold the least of their ownership? There's a reason it correlates.

Revenue is not profit. Only reason Amazon had so many losses over quarters during the years because it was a managed tax avoidance measure, not because they had unfixable costs.