[zavulon]

Nowhere in the post the actual earning of money is mentioned. Yes, I know, all startups these days care about users/eyeballs, but it would be refreshing to read about businesses that actually, you know, have a business model based on earning real money once in a blue moon

[mweil]

It's funny that you mention that, as that is my personal beef with many startups as well. Funding is not a measure of success; revenue is. However, this article is not about revenue. It's about the funding process. Talking about our revenue (which we didn't have at the time, but we do have now) would have been off topic.

[mintplant]

It would seem they do, indeed, have a business model going: https://cloudmine.me/pricing

[sliverstorm]

Yes, I know, all startups these days care about users/eyeballs

The joke is that, as I understand it, this kind of business model was a large part of what drove the crash in the 90's.

[simonw]

I'm rather fond of Steve Blank's definition that a startup is "a temporary organization designed to search for a repeatable and scalable business model". If you already have the business model figured out and are executing on it, you're running a business.