| This is not quite true. There is still reason to take funding when a startup is profitable, and it happens all the time. Off the top of my head: 1) Not making enough money to scale according to future demand 2) Want to move into country which is usually costly 3) Strategic investor that the money is nice, but really the deal is done to get the connection 4) Want to enter a new industry or release a new product 5) Want to acquire some some technology (could be a company, product, patents, etc...) 6) Fear of a larger company moving in and attempting to take out the startup 7) Profits are simply not enough to to sustain growth that would allow you to make multiples of current profits 8) Legal troubles in the near future that are believed by the investors and CEO to survivable One thing to remember to think about while job seeking is that you likely will make less money off an exit if you join a company that is breaking even or making a profit. The people most rewarded are those that took it from non-profitable to profitable. |