The pioneers of Silicon Valley’s fast culture on how to grow quickly, not recklessly
Reid Hoffman
MARCH 19, 2019
And, as the industrial revolution showed us, there are some real costs to scale. The implication is that blitzscaling ignores things like “business model innovations that were rooted in a future that the competition didn’t yet understand” in favor of “spending to acquire customers below cost.”. The third is high gross margins.
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