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For startups, to which HN is oriented, actual revenue is in fact not that important and profits are actually to be avoided.


If you think that the goal of a startup is to get the highest possible hype-based acquisition valuation, sure. Call me naive, but I still believe that building an actual profitable business is a much better goal. It may not lead to crazy payouts, but it is also more honest and does not depend as much on timing a boom phase. I gather that this kind of thing is derisively called a "lifestyle business" in startup circles. I submit that at least it is actually a business, rather than a hand of hype poker.




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