Fast · Patrick Collison
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Fast · Patrick Collison
Midjourney built its business with 40 employees and earned $200 million in revenue for 2023.
I’ve met with dozens of these companies now, and the story is the same. They make a great product and nail their positioning—and then they’re off to the races.
Livingston: Looking back on all of your experiences, what surprised you most? Kahle: How long things take. To start a company and to get to a point where one has a critical mass—you have an office, you've got your CFO, you've got all of the infrastructure to become a viable entity. I think about 20 to 40 people is a golden size, because you're not
... See moreJessica Livingston • Founders at Work: Stories of Startups' Early Days
It always takes longer than you think to find product/market fit, to get your customers’ attention, to build a complete solution, and then to make money.
Tony Fadell • Build: An Unorthodox Guide to Making Things Worth Making
I’m not saying it takes decades to execute, but the better part of a decade may be figuring out what you can uniquely provide. [10]
Tim Ferriss • The Almanack of Naval Ravikant: A Guide to Wealth and Happiness
It's easier than ever to build version 0.1, and takes more time to connect with everything that's going to get it to 1.0 status.