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Just want to be devil's advocate with a couple questions: Do you think Zuck could have made a business plan which correctly predicted Facebook's growth curve?
by acgourley 12y ago
Just want to be devil's advocate with a couple questions:
Do you think Zuck could have made a business plan which correctly predicted Facebook's growth curve?
If he had put together a more modest, defendable one, do you think it might have slowed down the company or made them focus on the wrong things to hit key milestones?
- mattmanser 12y agoThat's actually not really the point of a business plan. The costs is the important thing. The bjallions in profit in year 3 are almost always pure fantasy.
- hagbardgroup 12y agoThere's nothing wrong with writing down the fixed costs (which will often be estimable) and getting close on the variable costs. Revenue projections in a new company will be made-up usually, but you're correct to point that out.