Ran across this breakdown of startups applications (roughly 7000 "startups" in the database) that appears to show that less than 10% of startups looking for funding have any revenue. Seems hard to ...
If you have a startup that is free for all users and does not generate revenue, but the site/product is used by a lot of people so you have a lot of users, would a VC potentially give you funding even ...
In a recent group chat hosted by Joel Spolsky regarding the Stackoverflow Series A funding round, Spolsky was asked: "How do you envision making a profit?" to which Spolsky replied: "...the whole ...