Not quite, since a "profitable" investor-backed company is still usually pushed by those investors to seek further investment, whether the company needs it to continue growing or not. (It just needs it to grow to the level that an investor would care about.)
The concept here is closer to "firing your investors" or "buying back your equity", but they haven't necessarily done that yet.
The concept here is closer to "firing your investors" or "buying back your equity", but they haven't necessarily done that yet.