That's the key, isn't it? Of all startups, how many were born and died within that 15 year span, without being affected by either event? How many were created after, not being affected either?
I think you're talking about learning to run when the part that has people worried here is learning to walk.
Of course my perspective is affected by my experience and background. As I mentioned I am in from an area with really long runways which tends to make you more concerned about investor fashions and herd behaviour.
My main point is you should always have a plan for how to become profitable in a relatively short period of time if needed. Hopefully you won't need to put it into action, but the time you will save not having to try to figure this out at the last moment might be the difference between life and death of your start up.
That's the key, isn't it? Of all startups, how many were born and died within that 15 year span, without being affected by either event? How many were created after, not being affected either?
I think you're talking about learning to run when the part that has people worried here is learning to walk.