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But now they want to see a clear "P2P, " the new buzzword for path to profitability.
FORBES: P2P Or Bust
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Maybe the surest path to profitability is indeed selling software to cable and satellite companies.
ENGADGET: Ten years of TiVo: how far we haven't come
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We were making more money and we were on the path to profitability.
WSJ: How I Built It: Wedding Site The Knot Straightens Out
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But Chapter 11 protection may be precisely what is needed to put American auto companies back on the path to profitability.
CNN: Commentary: Say no to the auto bailout
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Zipcar continues on its path to profitability with a strong second quarter.
FORBES: Zipcar Gives Wall St. Everything: Top, Bottom-Line Beat, Raised Guidance
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Even though it pays far more to stream music than Sirius XM and traditional radio, Pandora is on a clear path to profitability.
FORBES: Buy Pandora, Sell Zynga and Fire Its CEO
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Their path to profitability or at least sustainability is to reduce the numbers of flights, curtail customer services, and cram more passengers into tighter and tighter spaces.
FORBES: Protect Your Wallet: Regulate The Airlines
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As a result, we believe TiVo is on the right path to sustained growth in fiscal 2013 and that these developments indicate a substantially improving path to profitability in the future.
ENGADGET: TiVo releases Q4 results, announces transcoder and IP set-top box on the way
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While companies like A123 have been able to raise significant amounts of equity in the stock market when investor sentiment is high, relying upon the whims of the marketplace is not a good financial strategy, particularly when a company does not have a clear path to profitability.
FORBES: Chinese Company Offers To Acquire A Leading U.S. Battery Maker