
Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies

Product/market fit enables rapid growth, while the lack of it makes growth expensive and difficult. The concept of product/market fit originates in Marc Andreessen’s seminal blog post “The Only Thing That Matters.” In his essay, Andreessen argues that the most important factor in successful start-ups is the combination of market and product. His
... See moreChris Yeh • Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies
You’re also adding qualitatively different kinds of people to the team. One metaphor I use to explain this shift is to take yet another analogy from military history: the marines take the beach, the army takes the country, and the police govern the country. Marines are start-up people who are used to dealing with chaos and improvising solutions on
... See moreChris Yeh • Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies
Airbnb built a system that allowed and encouraged its hosts to cross-post their listings to the much-larger Craigslist. Hosts were told, “Reposting your listing from Airbnb to Craigslist increases your earnings by $500 a month on average,” and were allowed to do so by clicking a single button.
Chris Yeh • Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies
photographers. Founder Brian Chesky describes this strategy succinctly: “Do everything by hand until it’s too painful, then automate it.”
Chris Yeh • Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies
Some software companies employ business models that allow them to achieve massive success with minimal numbers of employees. The founders of WhatsApp, Jan Koum and Brian Acton, designed a clever business model that addressed some of the key growth factors (their messaging service leveraged both classic network effects and the existing distribution
... See moreChris Yeh • Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies
The most obvious element of blitzscaling is the pursuit of extreme growth, which, when combined with an innovative business model, can generate massive value and long-term competitive advantage. Many start-ups believe they are pursuing a strategy of extreme growth, when in fact they have the goal and the wish for extreme growth but no understanding
... See moreChris Yeh • Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies
eight million calls—and tremendous word of mouth.
Chris Yeh • Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies
Another important organizational arc is moving from generalists to specialists. During the early stages of blitzscaling, the need for speed and adaptability places a hefty premium on hiring smart generalists who can get many different things done in an uncertain and rapidly changing environment. But as the company grows, it needs to shift to hiring
... See moreChris Yeh • Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies
Marc Andreessen’s seminal blog post “The Only Thing That Matters.” In his essay, Andreessen argues that the most important factor in successful start-ups is the combination of market and product.