Startup Kongkow: Profitability or Growth at All Cost?
DATE & TIME :
Tuesday, 29 September, 2020 - 03:00pm to Tuesday, 29 September, 2020 - 04:30pm
FOOD AND BEVERAGES SERVED?
TYPE OF EVENT:
Spite the current views that growth at any cost in startups is already behind us, growth is still important. It remains one of the most important factors in valuation, access to capital, and shareholder return. The choice between growth and profitability to drive a company's strategy also gives us an insight into the mindset of the founders or startup’s top management. Seeking growth means undertaking higher risks, but also gaining higher visibility on the market trend and getting a more positive outlook.
However, at some point, building a sustainable business model with sustainable growth often involves a path to profitability. Although a business may have a high burn rate to start with, there must always be an eventual goal to achieve profitability no matter how many years it takes.
With that in mind, Innovation Factory would like to conduct our signature event “Startup Kongkow: Profitability or Growth at All Cost?”. In this discussion, we are going to answer these following questions: Why is growth so essential in the early stage of a startup? How much is too much in terms of burning cash for growth? When does growth at all costs become a reckless strategy? How do you find the optimal balance between growth and profitability?
SAY NO MORE!
You will find out the answer from
Sony Rachmadi Purnomo (Director RUN System) & Rifki Pratomo (CEO, Andalin) / Ivhan Gunawan (Co - Founder & CTO Andalin)
on 29th September 2020!