You bring up an excellent point about the difference between bootstrapping and being funded. When you are on your own, profits are good, period. But if you have to show people numbers, small numbers are bad and it might be more "strategic" of you to show them other numbers (like usercount) that are big instead.
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They can't do that. Then you'd have revenue to base valuations on.
Revenue is a big no-no in silicon valley, it punctures the reality distortion bubble.
You bring up an excellent point about the difference between bootstrapping and being funded. When you are on your own, profits are good, period. But if you have to show people numbers, small numbers are bad and it might be more "strategic" of you to show them other numbers (like usercount) that are big instead.