Dragons are tough, formidable, tenacious, and resilient.

They withstand difficult times and are loyal to their cause, which is obtaining and guarding a vast treasure hoard of gold.

The CEO of Techstars, Maëlle Gavet, talks about this point on this podcast episode of Masters of Scale: Rapid Response.

Solid unit economics, loyalty to customer problems, and consistent execution despite market conditions are indicators of a dragon-like company.

One trick ponies in a crowded market could very well be unicorns, however unicorns might not withstand market conditions due to lower levels of independence and differentiation.

You can still have revenue and go out of business.

No one ever went broke making a profit.

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