GUEST: Y Combinator president Sam Altman recently published a post arguing that much of what is plaguing startups these days, and causing some to raise eyebrows at valuations, is poor unit economics due to low margins. What's a low-margin business? Historically, you could argue that most tech-enabled businesses fall into this category -- e-commerce, food delivery, vertical services, […]
GUEST: Y Combinator president Sam Altman recently published a post arguing that much of what is plaguing startups these days, and causing some to raise eyebrows at valuations, is poor unit economics due to low margins. What's a low-margin business? Historically, you could argue that most tech-enabled businesses fall into this category -- e-commerce, food delivery, vertical services, […]
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