Tired of hearing about founders who raised $8 million at at $30 million valuation with no revenue? Worried about getting diluted as Silicon Valley valuations soar? Looking for tech startups that know how to make money?
SXSW INTERACTIVE BADGE IS REQUIRED.
Meet 5 tech startups from Austin that will get profitable on less than $1 million. They have customer traction and are ready to put the pedal to the metal.
Just because they are cash efficient doesn't mean they aren't after big opportunities... it just means they will be able to grow from a position of strength and won't just run out of money and die.
There has been a lot of talk about a "Series A Crunch" or lack of funding because so many more startups are raising seed rounds. Startups who are profitable don't get caught in the crunch - they are the most attractive to Series A investors and they aren't under time pressure to close their next round of funding.
Bring your checkbook. These deals will fill up quickly!
