@vishalchandra How to keep a check on this? And prevent yourself from getting into this situation of "growing a bad business" ?
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Focus on organic growth.
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U mean tht if I acquire all my customers without spending a penny, no discounts, free lunches etc then its good?
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organic growth is what you can drive in a bootstrapped (using own cash accruals) way, you can still give discounts etc
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2/ when you grow organically the role of funding is to increase your runway and help do more pivots to get to P-M fit
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3/ Though
@PayPal didn't start it's growth organically,@peterthiel gave away $10 liberally to users and it worked -
V I want to know about this F2F tomorrow :D
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I don't think anyone intends to grow a bad business. How do you know if the business is bad?
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when CAC > CLV post-traction
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how could you believe the post-traction will be better and not the same bad business?
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unsustainably high costs at the outset != unsound fundamentals (PayPal comes to mind)
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Many examples! The difficulty comes when you look forward using the same economic units from today. Always a bet.
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last time I checked, everything about starting a company is a bet

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Sure! Math helps w/ some predictions but, as you mentioned, will need leardership and lots more than exact thinking.
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@bormod or " the worst way to be efficient, is being efficient doing the wrong thing."Thanks. Twitter will use this to make your timeline better. UndoUndo
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@colindoughan Now extend this to the federal government.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@singlaank I have other point - the bigger the company gets, the harder it becomes to keep its soul intact
Thanks. Twitter will use this to make your timeline better. UndoUndo
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@dhh silo effectThanks. Twitter will use this to make your timeline better. UndoUndo
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@fbrunel c'est bien vrai !Thanks. Twitter will use this to make your timeline better. UndoUndo
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@sarahtavel often due to headcount more than everything else.#keepheadcountlowThanks. Twitter will use this to make your timeline better. UndoUndo
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