Blog Sree Vijaykumar | From the Editor's Desk So what is the definition of a startup? As per Paul Graham of YCombinator, a startup is a company that is designed to grow really fast (5-7% a week is an internal YC benchmark). That's it. Nothing else matters. Growth could be revenue or it could be active users. Of course, trickery like bribing users with more money than their lifetime value doesn't count. The beautiful thing about being narrowly focused on growth is that other factors like capital, talent and eventually revenues and profits generally follow if you have growth. But growth is elusive and is never smooth, even in the case of seemingly seamless journeys like that of Facebook or early days Twitter. These companies had to employ growth teams whose job was to ensure that user growth continued from millions of users to tens of millions to hundreds of millions. With Twitter user growth stalling and LinkedIn showing a drop in user engagement, their stock prices have taken a beating recently, so the thinking extends to Wall Street too - Comment | |
Digital
Advt:The Rise of Multi-Talented Freelancers A freelancer in 2016 must wear many hats. A freelance marketer for example, should have impeccable writing, PR experience, social media proficiency, and preferably some SEO skills |
Retail
| RetailIndia's newest unicorn targets price-consciousFinancial TimesIndia's newest unicorn targets price-consciousFinancial TimesCow-dung patties for Hindu religious rituals or traditional sweets from a southern temple town are not things people typically think of buying over the internet. But consumers in India can do just that with ShopClues, a four-year-old ecommerce company ... |
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