How Startups Like Figma, Facebook, and Airbnb Found Sudden Growth Inflections
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How Startups Like Figma, Facebook, and Airbnb Found Sudden Growth Inflections
On the time YC cofounder @jesslivingston tore me a new one and changed the future org structure of Ramp:
At YC, we attended weekly office hours where every startup shared 1/ their weekly growth %, 2/ their biggest problem, and 3/ what they were doing to solve it.
That week in summer 2015 our startup Paribus had grown 20% w/w, our biggest problem ... See more
This high economic value meant that Airbnb could quickly scale with the Economic network effect that translated each new successive listing into increased conversion rates, improved unit economics, and higher gross revenues for the network.
Andrew Chen • The Cold Start Problem: How to Start and Scale Network Effects
An untapped channel strategy may mean trying something different in an established venue, but it also could mean trying a venue no one else is using. For example, you might be able to take advantage of new marketing platforms while they are still in their infancy. Zynga (the maker of FarmVille and other games) did this with Facebook, dominating its... See more
Gabriel Weinberg • Traction: How Any Startup Can Achieve Explosive Customer Growth
The first major learning that emerged from this research is that, with the exception of one company, every single marketplace that I interviewed constrained their initial marketplace to more quickly get to critical mass.