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REDDIT

I need a reality check. The overall point of a business is to turn a profit, right? It's to make more money than you spend.

O
Apr 10, 2025 · 23:54

I'm in tech but my views on business were really shaped by the books I read when I was in my twenties, as well as this subreddit. As a result, I've developed kind of an old testament approach to evaluating businesses. To be considered a business, you must make at least one single dollar in profit a year. I do understand this might be a little strict but there's been so much bullshit from the tech world with these startups, I feel the need to just draw a line in the sand. I think, based on business fundamentals, that's reasonable. It's certainly what I would ask if I were a vc. Until you make that single dollar in profit, you are not a business. You are an organization, and no one can take that away from you. You are an organization with a payroll and hr and a cto. Congrats. If I were giving out A's for effort, you would get one.

Unfortunately, I'm not giving out A's for effort, and neither is the American market economy. I'm giving out A's for the old fashioned concept of businesses making money. Have we all got so wrapped up in this insane vc culture we forget this simple fact of capitalism? I feel like I'm taking crazy pills. I just posted in r/ExperiencedDevs , and I got downvoted to oblivion. I figured it would at least be a discussion but the idea of being profitable seemed...honestly almost offensive.

Is this that crazy? If I were a vc I would be absolutely laser focused on trying to find small businesses that make a profit. But it's like entrepreneurs in tech have lost their minds, and their thirst for profit.