Blitzscaling Flashcards
Amazon growth from ‘96 to ‘99
151 employees & $5.1m to 7.6k employees & $1.6b revenue; 50x staff and 300x revenue
What’s the difference between blitzscaling and the regular love of growth?
Prioritizing speed over efficiency in the face of uncertainty.
“means that you’re willing to sacrifice efficiency for speed, but without waiting to achieve certainty on whether the sacrifice will pay off”
“It’s “do or die,” with either success or death occurring in a remarkably short time.”
Hoffman’s thoughts on speed vs efficiency while going from zero to one
“This kind of controlled, efficient growth reduces uncertainty and is a good strategy to follow while you’re trying to establish certainty around what the authors Eric Ries and Steve Blank call product/market fit”
how many jobs do we need to create by 2030 according to UN to meet sustainability goals?
650 million. not even sure what that means though.
