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1 sat \ 3 replies \ @k00b 6 May 2022 \ on: Can someone name one lightning focussed startup (not bitcoin) that is not burning VC money? bitcoin
Define burning VC money ...
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0 sats \ 2 replies \ @starbuilder OP 6 May 2022
Burning VC money = Not cashflow positive yet. Burning more money than earnings..! e.g. stacker news..???
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3 sats \ 1 reply \ @k00b 6 May 2022
I would more so call a startup that’s “not cash flow positive” to be “surviving on VC money” … burning implies a gross misappropriation of funds.
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1 sat \ 0 replies \ @starbuilder OP 7 May 2022
agree. I did not mean to insult anyone. Genuinely wanted to find out the companies who are making money on their own.
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