When consumer startups like Foursquare, Snapchat and Instagram raise millions of dollars without generating much (or any) revenue, people tend to flip out. "But they don't make money! How will they ever make money?!" critics want to know.
If you've ever wondered that, Greylock Principal Josh Elman says you've been demanding an answer to the wrong question.
To read the full, original article click on this link: Don't ask How A Startup will make money - Business Insider
