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One line from the slides (33) - "Optimize for growth, not revenue." I'm curious, why is everyone nowadays so obsessed with growth? Is growth really that much m
by plainOldText 12y ago
One line from the slides (33) - "Optimize for growth, not revenue."
I'm curious, why is everyone nowadays so obsessed with growth? Is growth really that much more important than revenue? What if you strike a balance between the two?
I remember reading what one of the WhatsApp's founders once said: "[..] we focused on business sustainability and revenue rather than getting big fast [..]" And it looks like they did alright.
- jadc 12y agoI am not sure what the full context for your quote is, but most people would agree that Whatsapp focused on growth (in terms of number of users) and not so much revenue (i.e. they made enough to be sustainable and independent).
- plainOldText 12y agosource for the quote: http://www.wired.co.uk/news/archive/2014-02/19/whatsapp-exclusive http://www.wired.co.uk/news/archive/2014-02/19/whatsapp-excl...
- rmsaksida 12y agoThere was a post about Zoho just yesterday, a company which always focused in sustainability and revenue and did very well. (https://news.ycombinator.com/item?id=8456398 https://news.ycombinator.com/item?id=8456398)
- pinkyand 12y agoMany businesses today have a relatively strong network effects of some sort.With that kind of business , growth is what's needed to achieve competitive advantage.