7 years is typical to reach breakeven. Really?

Hi, I’m Sergey Osipov @s_osipov, cofounder of Placy (AI real estate agent). Launched about 20 startups and had some exits, including a unicorn IPO. Sharing here my observations and tips for AI founders. Join! #AI #Startup #PropTech

startupbreak-evenfundraising

Nope 🫥 Many of these companies put their profits and investors' funds back into marketing to boost their growth. Once they hit the peak in their niches, they shifted to the milking strategy and “became profitable”

So, it’s perfectly fine not to be break-even while you're still growing

#Fundraising #Startup #BreakEven

Dark infographic chart comparing time-to-profitability for startups (Canva, Zapier, Shopify, Dropbox and others), dots show years-to-profit and funding context.
Chart comparing years-to-profitability for well-known startups such as Shopify, Dropbox, Canva and others.