ANNOUNCEMENT: @Meow is profitable! 🙌 And our plan is to never raise from VCs again. WHY IS THIS SO IMPORTANT? Meow is a low-margin company. We believe financial services are a commodity. Hitting profitability as a low-margin company means our business model is sustainable. And what's the point of never raising from VCs again? The venture capital treadmill is how great companies die. Raising. Answering to VCs. Hiring to show growth. Raising at a higher valuation. Jacking up prices. We refuse to fall into that trap. Meow is profitable, with the vast majority of our $22m Series A from May 2022 unspent. Thank you so much to our customers. Your support is our lifeblood and has made this possible. Now, we go back to the infinite game. Financial services is a ~$16 trillion industry. Don't underestimate the power of compounding.