long-term thinking
musings on long-term thinking in a shortsighted world. we overestimate what we can do in a year, underestimate what we can do in 10 kinda thing.
Juan Orbea and
long-term thinking
MuleSoft, acquired for $6.5B in 2018:
- Took 6 years to reach $10M revenue
- Revenue grew less than 100% every year except 1
- Burned $7M to go from $110M to $188M revenue
- Burned $4M to go from $188M to $297M revenue
Efficient growth is highly... See more
Chetan Puttaguntatwitter.com
The great thing about achieving small things is that you know the big things are just as achievable, they just take more time.
nametwitter.com
Jeff Bezos says that if Amazon has a good quarter it’s because of work they did 3, 4, 5 years ago—not because they did a good job that quarter
SAM H INKIE 3 6 0 1 S O U T H B R O A D S T R E E T
The fact is, star brands take time to grow. Take some of the small makeup companies we have acquired recently, like Bliss and Urban Decay. When we bought them, they were little start-ups run by their founders—very simple businesses, but with a lot of originality in the products. So now we know we must nurture them until they have some history. But
... See moreSuzy Wetlaufer • The Perfect Paradox of Star Brands: An Interview with Bernard Arnault of LVMH
Figma had $0 in revenue for 4 years.
Completely breaks the “rush something to market and start charging immediately” mindset that most try to adapt.
And it resulted in the largest acquisition of a private software company (ever) https://t.co/YLGBR9hJe0