Startup Advice
sari and
Startup Advice
ON SMALL TEAMS
Impressive things accomplished by small teams:
Impressive things accomplished by small teams:
- Instagram had 13 employees when they were acquired by Facebook for $1 billion. They had 30 millions users at the time.
- Mojang (the company behind Minecraft) had 37 employees when they were acquired by Microsoft for $2.5 billion. At that time, Mojang had revenue of about $290 million
sari azout • the power of a good prompt, small teams, extreme questions to trigger ideas, working online/living offline
Move faster. Slowness anywhere justifies slowness everywhere.
2021 instead of 2022. This week instead of next week. Today instead of tomorrow.
Moving fast compounds so much more than people realize.
Sam Altmantwitter.comthe power of imagination and optimism is an amazing and essential part of innovation. But over the years, we’ve become so enamored with the unicorn valuation as the goal, that we started valuing the wrong things and overlooking the fundamental physics of business.
With capital at zero cost, growth at all costs became the mantra. How fast can you... See more
With capital at zero cost, growth at all costs became the mantra. How fast can you... See more
Where does VC go from here?
It is no coincidence that these three skills – managing the pace of change, elevating the next generation of leaders, and enabling the entire company to hit its goals – often make the difference between a functional leader topping out as an SVP and a cross-functional leader accelerating their trajectory as part of the C-Suite.
Superhuman
If you're the CEO of a fast-growing startup, the mistake you'll make in the next year that you'll regret most will probably be a hiring mistake. Possibly hiring someone established, which you'll feel you should do now you're getting big, and which VCs will strongly encourage.
Paul Grahamtwitter.com