Where do you draw the line for "validating a business model"? Uber was founded 1... | Hacker News

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		majewsky on May 2, 2020 \| parent \| context \| favorite \| on: 74% of Startups Have Trimmed Staff, 65% Have Less ... Where do you draw the line for "validating a business model"? Uber was founded 11 years ago. How long do you need to validate the business model of a taxi app? AirBNB was founded nearly 12 years ago. How long until they're done validating the business model of letting people rent apartments over a website?

stevehawk on May 2, 2020 [–]

I feel like a business model is validated when it becomes profitable, which it's why many of us don't validate the Uber/Lyft business model yet.

majewsky on May 2, 2020 | [–]

Okay, so it's partially computable. But non-viability can never be proven?

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