- Your biggest fear should not be flaming out spectacularly, but rather creating a zombie that neither truly lives nor dies. The downside of ramen profitability is that (by definition) it's easier to waste years rather than months on an idea that won't ultimately succeed.

- In fact, you may lose your window of opportunity to someone who figures out how to use cash to get further faster.

- Outside investment forces you to get your head out of the day-to-day firefighting every month or so to 1) think big picture 2) set long term goals 3) be accountable for your progress. The key is "outside"; otherwise it's easy to meander along and procrastinate on hard questions.

- The upside of ramen profitability is a culture of frugality. The downside is it's easy to waste time on things you could be paying others to do. For example, paying an accountant to do your company taxes might blow away the entire year's earnings -- does that mean you should learn the tax code and do it yourself? What about negotiating a contract, or even taking out the trash? (These are real examples of things we did ourselves at the ramen-profitable company.) Delegating is harder if it means losing your hard-earned badge of profitability.

Joel has a good post on this topic (Amazon vs. Ben & Jerry's): http://www.joelonsoftware.com/articles/fog0000000056.html

Anyway, my favorite dal recipe is thus (six servings, keeps forever):

1 1/2 c. dried lentils/split peas/etc...

4 c. water

1 1/2 tsp salt

3 tbs butter/oil

1 tsp cumin seeds

1 tsp ground tumeric

a small stick of cinnamon (or 1/2 tsp ground cinnamon)

1/4 tsp cayenne pepper

1/4 tsp fresh/ground ginger

1/4 tsp mustard seeds

6 cloves

Cook the lentils. Cook some rice. Heat the butter in the pan and then fry all the spices until the cumin and mustard seeds begin to pop. Pour the spice mixture into the lentils and mix. Possible toppings include: plain yogurt with dill (dried or fresh) diced cucumber, any variety of chutney. I'd add a recipe for chutney, but the cooking and canning process is too long to put here.

This stuff is so filling and delicious (if you like Indian/Nepalese food), and it lasts forever in the fridge.

    First they came for the communists, and I did not speak out--
    because I was not a communist;
    Then they came for the socialists, and I did not speak out--
    because I was not a socialist;
    Then they came for the trade unionists, and I did not speak out--
    because I was not a trade unionist;
    Then they came for the Jews, and I did not speak out--
    because I was not a Jew;
    Then they came for me--
    and there was no one left to speak out for me.

I'm not convinced about this. I think if anything it's the exact opposite -- many people avoid starting startups because they're afraid of seeming irresponsible.

I'm sure I'm not the only person here who has been asked the question "when are you going to get a real job?" -- as PG's essay points out a paragraph earlier, a company which isn't making any money yet tends to feel rather theoretical. At an age where the perception of being responsible is largely tied to making the transition from education to employment, it can be difficult to explain working at a not-yet-profitable startup to people -- especially in computing, where the default expectation is often that students will graduate and walk into high-paying jobs with Google/Facebook/Amazon/Microsoft/Cisco/etc.

The bioscience people left the US long ago for countries where 4000year old mythology didn't dictate what you could work on, the physical scientists are going now.

Still if you get rid of all the immigrants the US will be a world leader in beaded blankets and feather headresses.