These guys launched less than 4 months ago... how can we possibly be talking about 'failure'?? It can take months, if not years, of iteration and course correction for a startup to find its groove. These guys are working hard.
Thank you! I'm actually a bit surprised the the main argument is about the amount we've earned from our very real and operational business model. Lots of companies don't even have that :)
I agree, although I think some companies play that to their advantage.
Once you are earning money from a stream, you know how much you're earning. If a company hasn't even tried to monetize something, they can pick any figures out of the air for projected revenues. "Unlimited potential!".
You're probably right. There is a similar dynamic with a pre-launch and post-launch company. Pre-launch, you can sell the hell out of it. Post-launch, investors might want traction before they touch it.
Ha, that's a good point. How many startups exist without a revenue model at all? I think we can give your company, with a nice and clear revenue model, a bit more time before judging.
