There are certain topics that even some of the best journalists can’t fully grok. One of them is profitability.
I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!”
I mention journalists here because they perpetuate the myth that focusing on profits is ALWAYS the right answer and then I hear many entrepreneurs (and certainly many “normals”) repeating the same mantra.
To read the full, original article click on this link: Should Startups Focus on Profitability or Not?