Actually that’s a quite typical time for tech start-up to break even. The whole time they’re funded by business angels.
But for some cases, the loss can be considerable, and still the “start-up” keeps finding investors. Ex: Uber, lost 30 G$ on over 14years before turning around. Or just look at all the AI pure-players companies right now.
Yes, that’s quite typical, if you manage to find a rich investor. But that only happens if you have a way to eventually make a profit. If you say from the start you’re never going to have ads or subscriptions so you’re never going to make money with this, you’re not going to find an investor.
Actually that’s a quite typical time for tech start-up to break even. The whole time they’re funded by business angels.
But for some cases, the loss can be considerable, and still the “start-up” keeps finding investors. Ex: Uber, lost 30 G$ on over 14years before turning around. Or just look at all the AI pure-players companies right now.
Yes, that’s quite typical, if you manage to find a rich investor. But that only happens if you have a way to eventually make a profit. If you say from the start you’re never going to have ads or subscriptions so you’re never going to make money with this, you’re not going to find an investor.