Russ Hanneman’s Silicon Valley Revenue Rant 💸 In Silicon Valley, Russ Hanneman shuts down the team’s plan to generate subscription revenue. His reasoning. If you show revenue, investors will judge it, and it will never be enough. He says that being pre revenue lets you sell the idea of a pure play and claim a hundred or thousand x valuation instead of becoming a two x dog. He points to Pinterest, Snapchat, and Amazon as proof, saying Bezos lost money for twenty years and still became the king �
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Discipline | Mindset | Motivation on Instagram: "Revenue Vs Fortune 💸👑 Russ Hanneman, a flamboyant billionaire, made his fortune by “putting radio on the internet.” His character parodies real-life entrepreneur Mark Cuban, who co-founded Broadcast.com, an early internet radio company later sold to Yahoo! for billions. In one scene, Hanneman explains to Richard that having no revenue can actually be advantageous for a tech startup’s valuation. If a company shows revenue, people scrutinize the n
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