Instant profitability does not always mean that your startup is a VC scalable business. Something to note when we judge any startup these days who aren’t profitable.
In India there is a sudden shift for profitability among startups but the cost of profitability is innovation and growth.
Innovation is expensive. It requires years of suffering in terms of balance sheet and name calling.
I keep seeing bullshit ideas which don't deliver any value yet want funding to spend on marketing and burn money without any profitability plan.
How many of you still think profitability takes a back seat in early stages of a Startup?