Comments on: Spreadshirt Raises Money in this Economy? http://www.taddict.com/blog/2009/02/23/spreadshirt-raises-money-in-this-economy/ T-Shirt Culture Blog Tue, 23 Feb 2010 12:23:32 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: The Taddict http://www.taddict.com/blog/2009/02/23/spreadshirt-raises-money-in-this-economy/comment-page-1/#comment-13717 The Taddict Mon, 23 Feb 2009 16:29:22 +0000 http://www.taddict.com/blog/?p=1695#comment-13717 I completely agree Robin. I was kind of making a lighter statement based on the frame of reference of the economy and less about the maturity of the company. Who knows...the layoffs could have been exclusively in a division that was brought on for short term growth and had maxed their potential or obligation. Either way, layoffs are a necessary evil.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('13717','The Taddict'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('13717','The Taddict','I completely agree Robin. I was kind of making a lighter statement based on the frame of reference of the economy and less about the maturity of the company.\r\n\r\nWho knows...the layoffs could have been exclusively in a division that was brought on for short term growth and had maxed their potential or obligation. Either way, layoffs are a necessary evil.'); return false;">Quote</a></div> I completely agree Robin. I was kind of making a lighter statement based on the frame of reference of the economy and less about the maturity of the company.

Who knows…the layoffs could have been exclusively in a division that was brought on for short term growth and had maxed their potential or obligation. Either way, layoffs are a necessary evil.

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]]> By: Robin Wauters http://www.taddict.com/blog/2009/02/23/spreadshirt-raises-money-in-this-economy/comment-page-1/#comment-13715 Robin Wauters Mon, 23 Feb 2009 15:27:20 +0000 http://www.taddict.com/blog/?p=1695#comment-13715 "because their growth was only 40% instead of the expected 50-80%. When is 40% growth not good enough?" You answer your own question in the previous sentence. If a privately-held startup has revenue targets and it fails to meet them, that means it is or will be burning a significant amount of money that isn't turning into enough revenue quickly enough to ensure there's no collapse. So either you trim, or you die.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('13715','Robin Wauters'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('13715','Robin Wauters','\"because their growth was only 40% instead of the expected 50-80%. When is 40% growth not good enough?\"\r\n\r\nYou answer your own question in the previous sentence. If a privately-held startup has revenue targets and it fails to meet them, that means it is or will be burning a significant amount of money that isn\'t turning into enough revenue quickly enough to ensure there\'s no collapse. So either you trim, or you die.'); return false;">Quote</a></div> “because their growth was only 40% instead of the expected 50-80%. When is 40% growth not good enough?”

You answer your own question in the previous sentence. If a privately-held startup has revenue targets and it fails to meet them, that means it is or will be burning a significant amount of money that isn’t turning into enough revenue quickly enough to ensure there’s no collapse. So either you trim, or you die.

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