







We’re outspoken about running a profitable company in an industry that so often eschews profits for potential. So why? People ask us why all the time. Why choose profit? So I thought I’d detail som…
Why it's nice to compete against a large, profitable company
Competing against big firms? Their revenue streams are their Achilles heel. Learn how smaller startups have a shot.
Too much of a good thing
Profits are too high. America needs a giant dose of competition

Sustainable Sources of Competitive Advantage
This article originally appeared on Fortune.com.
Anthropic's "Profitability" Swindle
Yesterday, the Wall Street Journal ran a story about how Anthropic is “about to have its first profitable quarter,” specifically an operating profit, or EBITDA profitability: Anthropic’s revenue is set to more than double to $10.9 billion in the second quarter, an explosive rate of growth that will

Revenue Streams
Keeping in mind profit potential, what revenue(s) are you generating from each stakeholder segment for your value?
The Profit Paradox
Why Amazon Has No Profits (And Why It Works) | Andreessen Horowitz
Amazon has a tendency to polarize people. On one hand, there is the ruthless, relentless, ferociously efficient company that’s building the Sears Roebuck of the 21st Century. But on the other, there is the fact that almost 20 years after it was launched, it has yet to report a meaningful profit. This chart captures the...

Jeff Bezos explains the perfect way to make risky business decisions
Bezos plans to keep his 300,000-employee company running like a startup by making faster decisions.
How To Be Successful
I’ve observed thousands of founders and thought a lot about what it takes to make a huge amount of money or to create something important. Usually, people start off wanting the former and end up...
Silicon Valley’s Best Kept Secret: Founder Liquidity
Ask most venture-backed founders why they get 10x more equity than employee #1, 100x more equity than employee #5, and 1000x more equity than employee #15, and you'll get the same answer: "I'M TAKING SO MUCH RISK, IT'S SO HARD TO START A COMPANY, I MADE A BIG MOVE!!!" And

"Greedflation" and the Profits Equation
The assumption behind the "greedflation" thesis is that companies are choosing to squeeze volumes because they care more about unit margins than total profits. There are other possibilities.

Purpose Ventures - Purpose
Conventional VC is often at odds with the ambitions of purpose-driven entrepreneurs and their founding values and missions. These founders are interested in more than growth for growth’s sake. They want to build lasting, impactful businesses and preserve their mission in the future.
The Last Business System You'll Ever Need
I like to envision businesses as manufacturing machines. You put something in one end and then it goes through all these defined processes of the business and then it comes out the other end as profit (or not). Depending on how those processes work, you get something different out the backend. The manufacturing machine analogy makes sense to me because it's easier to see why you should always be working on the business, not in the business.

Why Must You Pay Sales People Commissions? | Andreessen Horowitz
“I’d be a billionaire if I could get a dollar for all the bullshit I hear today” –Big Sean, The One I felt a little odd writing that title. It’s a little like asking “Why should you give engineers big monitors?” If you have to ask the question, then you probably won’t understand the answer....

David Graeber: "Spotlight on the financial sector did make apparent just how bizarrely skewed our economy is in terms of who gets rewarded"
David Graeber explains why the more your job helps others, the less you get paid

Why Free Markets Make Fools of Us
George Akerlof and Robert Shiller believe that once we understand human psychology, we will be a lot less enthusiastic about free markets and a lot more worried about the harmful effects of competition. In their view, companies exploit human weaknesses not necessarily because they are malicious or venal, but because the market makes them do it.
