Perk Labs Inc (PKLBF)

[dingocub]

"I know this seems obvious but I promise you that even smart people forget this when talking about profitability. 70–80% of the costs of most startups are employee costs so what you’re really talking about when a company is unprofitable is that they are growing their staff ahead of their revenue.

If you don’t have a strong balance sheet and can’t hire more people that’s fine?—?but understand this may lead to slower growth. Thus the trade off between profits & growth."

https://bothsidesofthetable.com/should-startups-care-about-profitability-828250a34a7d