Profitability means sustainability. Instead of treading water until a lifeboat comes along to save you—which is how many founders think about raising their next round of VC funding—it means building your own boat.

We were making about ten grand a month when I dedicated to GitHub full-time, and we probably paid ourselves three grand each. And then a third and a fourth person came on, P. J. Hyett and Scott Chacon. We were making money, and we didn’t need to think about fundraising. We liked what we were doing, and we were happy with what we had and the people

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