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New Rules for the New Internet Bubble

Steve Blank

The reward for doing so was a liquidity event via an Initial Public Offering. Startups that win in the bubble will be those that get wide adoption (using freemium, viral growth, low costs, etc) and massive distribution (i.e. They taught you about customers, markets and profits. Wide Adoption.

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The pioneers of Silicon Valley’s fast culture on how to grow quickly, not recklessly

Reid Hoffman

And from a financial perspective, any investor would be better off buying stock in Amazon than buying and share of a corner bookshop; if you invested $100 in Amazon’s 1997 initial public offering (IPO), those shares would have been worth about $120,000 in 2018. The third is high gross margins.