THE PROFITABLE STARTUP

Summary from the TLDR newsletter

The thinking that startups should prioritize growth over everything else, even profitability, was always flawed - profitability isn't unambitious. It means not relying on investors for survival and being able to focus on an unaltered vision and mission. It's now easy to be profitable while also growing fast. The factor holding founders back is rarely team size - it's the clarity of their focus, skill, and ability to execute. Measure what matters, understand your risk profile, hire intentionally and slowly, and raise on your own terms.