I won’t lie: it’s flattering and vindicating for the low-burn, efficient-growth strategies we’ve been championing for years to come into vogue. For years we’ve watched quietly on the sidelines as low-interest rates and market doldrums have fueled massive investments into “Unicorn” startups, operating unsustainable business models at a massive loss. And I can’t deny we’ve envied their shocking valuations. So I’ll admit satisfaction that the mythical creature’s shine is wearing off, and that there’s enough appreciation of our sustainable, profitable models that startups of our class have finally earned a name of our own.
But “cockroach”? Seriously?! Continue Reading…