Food For Founders Issue #9
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| Oct 19, 2018 | Subscriber's post |
How we got to $1 million in annual recurring revenue with $0 in fundraising
The supply of time is totally inelastic. No matter how high the demand, the supply will not go up. There is no price for it and no marginal utility curve for it. Moreover, time is totally perishable and cannot be stored.
We’re all just making it up as we go along, occasionally bas…