Venkatesh Rao@vgr·Sep 27, 2016Replying to @iSmashFizzleMarket environment, state of the ecosystem you depend on etc. determine your natural size1
Venkatesh Rao@vgr·Sep 27, 2016Replying to @vgr and @iSmashFizzleIt's not a biz norm to want to be a certain size. Anymore than it's a norm for elephants and mice to decide to be their sizes1
Venkatesh Rao@vgr·Sep 27, 2016Replying to @vgr and @iSmashFizzleReason 'get big fast' is a good heuristic is that businesses have size in *time* as well as space11
Venkatesh Rao@vgr·Sep 27, 2016Replying to @vgr and @iSmashFizzleIf the natural size of a biz is $ 1B and a lifespan of 10 years, you can't make $ growing at 1% YOY from a $100k base in Y11
Venkatesh Rao@vgrReplying to @vgr and @iSmashFizzleBest you can do is pick sectors where a) the natural size in space/time is about what you want b) the sector is stable7:08 PM · Sep 27, 20161 Like
Venkatesh Rao@vgr·Sep 27, 2016Replying to @vgr and @iSmashFizzleIf you pick wrong size, esp on the 'too small' end, there's always someone hungrier who will go right size and outcompete you1