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Startup building blocks
Paul Graham
almost 3 years ago
Ramen profitable means a startup makes just enough to pay the founders' living expenses. This is a different form of profitability than startups have traditionally aimed for. Traditional profitability means a big bet is finally paying off, whereas the main importance of ramen profitability is that it buys you time. A startup that reaches ramen profitability may be more likely to succeed than not.
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almost 3 years ago