From a Side Project to an $8 Billion Exit
So, it was 2002 when Ryan’s father, Scott Smith, a professor, was battling cancer and needed an easier way to conduct research surveys.
Thus, Ryan, his brother, and his friend started Qualtrics as a tool to
yuppp, but such starups are rare. Spending over a decade hustling without external funds is tough, and at the end, the real growth began after their funding round only. So Funding is required to scale ig
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𝗔 𝘀𝘁𝗮𝗿𝘁𝘂𝗽 𝗶𝘀 𝗻𝗼𝘁 𝗷𝘂𝘀𝘁 𝗮𝗯𝗼𝘂𝘁 𝗯𝘂𝗿𝗻𝗶𝗻𝗴 𝗰𝗮𝘀𝗵 !!
A startup should focus on sustainable growth, not just rapid expansion fueled by heavy spending.
Blindly burning cash on customer acquisition without retention strategies