This is a YouTube video titled "What New Businesses Need to Focus On Above All Else" featuring Lori Harder speaking about the changes in the business landscape over the past three years, emphasizing the importance of profitability and financial power for new businesses. The content is a monologue or speech by Lori Harder sharing her insights and experiences regarding fundraising and business strategy.
If I had known what I know today, I don't think we would have ever needed to raise money. I have no regrets. We have incredible investors. Just incredible. They're so supportive, so kind, so helpful. But I think a lot has changed in the landscape. Right. Because when we raised money, it was a different time. And it's funny because it was only three years ago, but it was a different time. It was totally different. Profitability was not seen as an important message. Growth at all. Exactly. Exactly. So that has shifted. Being profitable gives you a lot of power. And so what I would encourage people to do if they're starting a business right now is never let that slip, because you hold power when you have money.
