Founders

@fredwilson.eth how do you think about when a startup should target break even?

i’m not fred

but i feel like the target isn’t break even

presumably not true forever

startups gain a lot of leverage from non-dilutive funding (the less you need money, the more you ~get it)

I think the best position a startup can be in is that break-even is achievable, but they've identified and built a situation where LTV>CAC and therefore it makes sense to grab a bucket of money and dump it into CAC

related:
https://paulgraham.com/aord.html
https://paulgraham.com/ramenprofitable.html

(haven't read these in awhile, maybe now's a good time to revisit)