How fast should you grow?
From the dawn of the dot-com boom in 1995, all the way up through 2020, Silicon Valley had an answer that inspired many others: hyper growth. That’s what made headlines, hypnotized investors, and drove a winner-take-all mentality. You want to be Uber, not Lyft; Google, not Bing. Reid Hoffman, a founder of LinkedIn, wrote a popular book titled, Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies.
But over the years, it’s become clear that “blitzscaling” can lead to irresponsible behaviors. A lot of founders believe they should scale first and then worry about fixing damage they cause. But by then, their business model is baked and it’s too hard to change. All
