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All Revenue Is Not Created Equal: The Keys to the 10X Revenue Club - Above the CrowdAbove the Crowd | by Bill Gurley
economic moatabovethecrowd.com

Legendary Investor Bill Gurley on Investing Rules, Finding Outliers, Insights from Jeff Bezos and Howard Marks, Must-Read Books, Creating True Competitive Advantages, Open-Source Strategies, Adapting Mental Models to New Realities, and More (#651) - The Blog of Author Tim Ferriss
tim.blog

.@bchesky on how fast-growing companies become slow bureaucracies https://t.co/CyIPqOTPph
Lenny Rachitskyx.com
SUBSCALE IPOs
The Meritech team @MeritechCapital continues to put out some excellent analysis. This one is on IPO scale.
TLDR is that companies with less than $700m annualized revenue underperform after going public. Actually, not just underperform - they have NEGATIVE absolute returns. This... See more

Wow Klaviyo is a new record for Founder-CEO ownership at IPO: 38.1%
Edges out Atlassian co-founders just a smidge who were at 37.7%
(although Atlassian co-founders together owned more and are still #1)
Really helps to burn almost nothing on the way to IPO (just... See more

Bill Gurley built one of the biggest VC firms in the Valley
And he rode some of the biggest startup successes of the last two decades - Uber, Zillow, OpenTable and more.
13 years ago he wrote a masterclass on high-quality revenue is and how to get it.
Bookmark... See more