If you're a startup and you're not even growing 2X per year, and you're wondering if you're failing... yeah, you probably are. The interesting thing is the vast majority of those who are in that situation don't ask that question, and instead write VERY LONG investor updates.
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The word means “a newly established business” which can be a new business with a proven bus. model (ie same as other businesses) or something unproven (ie a new bus. model). VCs usually only invest in latter that are scalable (ie can grow very fast without same growth in costs).
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This is the first thing that came to my mind when I read the question. Thanks for writing this, as a founder, helped me get a lot of clarity. Taking growth as an anchor for discovering/settling for ideas to work on is the best way one could optimize for finding success.
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