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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

As a result, unfounded hockey-stick graphs and unicorn promises give way to financial fluency, realistic expectations, frank conversations about what a business can credibly achieve, and transparency. . Less established regulatory framework. . Typical business stage. Typical business model.

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Lessons Learned: Validated learning about customers

Startup Lessons Learned

What matters is proving the viability of the company’s business model, what investors call “traction.&# Of course this is not at all true of many profitable small businesses, but they are not what I mean by startups.) People often forget the most important part of the hockey stick: the long flat part.

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The #1 thing successful founders think about for their next startups

Hippoland

Forget about traction and hockey stick growth. In other words, if you can get 1000 people to come to your website consistently for under $5, then this business model works for you. But they might go after rabbits or deer business customers. don’t think about at all.

Founder 48
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The #1 thing successful founders think about for their next startups

Hippoland

Forget about traction and hockey stick growth. In other words, if you can get 1000 people to come to your website consistently for under $5, then this business model works for you. But they might go after rabbits or deer business customers. don’t think about at all.

Founder 48
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What the Best Growth Teams Get Right

ConversionXL

Hockey-stick growth requires being ahead of, not in line with, conventional wisdom: The most impactful ideas won’t be found in “best practices.” But picking the business model and building a product for user-driven growth is very difficult to do intentionally.”. Mailchimp’s Willie Tran agrees. explains Lofgren.