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Eamonn Carey: ‘We’re approaching the start-up equivalent of the German Mittlestand – an era of companies that endure’

The days of raising huge sums and bleeding money for years before even considering revenues are over, writes Eamonn Carey

The Cocaine Bear rampage of the zero interest rate era is over, and founders are thinking heretical thoughts. What if, and hear me out on this one, you build a product people want, and then charge them for it. The more money you make this way, the more you can spend on growth, hiring, salaries and more.

Has the start-up world stumbled upon SMEs?

I jest. A little bit. I’m also fascinated to see this ...