Scaling with negative unit economics leaves no profit to optimize
Every startup needs to develop the muscle of attributing costs and calculating unit economics. It’s often under-developed because most founders believe profitability is something they can optimize down the road. More
This leads to a brutal restructuring at massive scale
People are already familiar with core metrics like unit economics. The question is: Why does negative unit economics catch startups by surprise? The answer is that, in a lot of cases, unit economics are hard to measure. More
VCs now compete to see who can be the most pro-founder. They don’t want to tell founders they’re doing something wrong or give them any tough love.
Founders of fast-growing companies get to pick their board members. More