A key lesson from 2022
2020-2021: Wealth transfer from the haves to the have-nots.
2022: The haves strike back
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Some examples of "ramen-profitable" companies in their early days are Airbnb and Google.
Airbnb sells politically-themed cereals to keep the company afloat.
Google reached a licensing deal with Yahoo to let them use Google's algorithm.
"Ramen profitable" is a term coined by @paulg, co-founder of @ycombinator.
It basically means a company/startup that becomes profitable after 2 months, even though the revenue is small to begin with.
Here are some takeaways from his essay on startup and "ramen profitability" ๐งต