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To generalise a little, people with limited understanding of business think that business is all about making profits. But those who actually run businesses know that running a business is all about managing cash flows.
The Games People Play With Cash Flow
commoncog.com
And … That an individual’s mind is God and of God. That nothing belongs to anyone. Children, body, life itself—all of them come from that same source. That it’s all how you choose to see things. That the present is all we have to live in. Or to lose.
Meditations
Marcus Aurelius
Now, in 2023, when VCs are actually doing due diligence again, investors realized that these companies are not magical. Instead, they are vertical SaaS and vertical SaaS is something they know how to evaluate. Software investing is a brutal, hard world, with exacting standards of performance. The creator economy has so many macroeconomic factors working against it that I bet we will see fewer than five startups serving back-office needs actually make it in the long run.
What Happened to the Creator Economy?
every.to
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