Occasionally, you also see an SV/NY/cluster-based company that is growing really well and has turned profitable, and then forgoes building against and winning in their category. Sometimes this is the right thing for founders to do, and sometimes it reflects a lack of know-how, ambition, or aggressiveness. Sometimes, it just shows the founders had a bad experience at a company that scaled for no good reason and ruined the company culture, ability to execute, and products. The wrong lessons may be learned from bad growth and bad execution. It is so rare to actually build something that people care about, that it feels like a shame to not go win when you can - but obviously it is up to each founder and team to chose their own path. Some companies that focus on or hit profitability early then forgo winning the market - their focus shifts too much on maintaining cash flow versus growing faster to take the market.