Expense management platform Expensify officially filed its S-1. For 2020, the company reported revenue of $88.1M—up from $80.5M in 2019, according to the filing. However, Expensify also reported a net loss of $1.7M in 2020, after it realized net income of $1.2M in 2019.
Take a close look at any ambitious startup and you'll find pugnacity nestled in its core. Stubbornness and a bullheaded belief in the worth of what a company wants to bring to fruition is often the biggest driver of its success.
The influence of a founder on their company's culture cannot be overstated. Everything from their views on the product and business to how they think about people affects how their company's employees will behave.