The power of compounding
exploring compounding and exponential growth
The power of compounding
Fun graphic on $META from the Rowan Street annual letter (a hedge fund that printed a 102.6% net return in 2023): Shows how non-linear the path to good returns can be and how conviction pays off. https://t.co/jWQGVSc7LS... See more
Michael Dempseyx.com
In 2012, Deckers acquired Hoka One (running shoes) for approximately $1.1 million. At the time, Hoka had less than $3 million in sales. In 2022, Hoka did $1BN in sales.
from a founder:
“Momentum is a powerful thing
I genuinely think going from $10k to $200k MRR was way easier than going from 0 to $10K
Simply because back then we had slow progress and zero momentum”
People underestimate compounding and long games. When people think “that’s not possible”, “you can’t do that”, “that won’t work”, it’s often because they’re imagining something like 5 years, 10 years. Things get very different when you have 50 year plans
Visakan Veerasamy • visakanv's 50yr "plan" for global nerd network [wip]
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