Building Reviv | Ent...ย โขย 1y
Would You Delete 80% of Your Users to Build a Billion-Dollar Business? In 2011, PayPal had a problemโtoo many users, but not enough profitable ones. Their solution? They banned accounts that cost more in support than they generated in revenue. The result? Profitable growth. Lesson: Not all users are equal. Sometimes, growth means cutting the wrong customers to focus on the right ones. Would you do it?
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Medialย โขย 1y
Elon Musk on the most important lesson he learned at PayPal When PayPal started, the plan was to create an all-in-one financial platform. It was complex, but the founders thought it would be revolutionary. They also had a small featureโemail paym
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Medialย โขย 1y
They were the fastest company EVER to hit a billion-dollar valuation. Their revenue grew 22,000% in one year. Then they refused Google's $6B acquisition offer. Now, no one knows if they'll survive. The crazy story of Groupon's meteoric rise โ and
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Medialย โขย 2m
people obsess over distribution and simply ignore product. every week i see teams talking about growth loops, channels, paid vs organic, influencer seeding, while the product underneath is barely good enough to be remembered. instead, we should kee
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IIITKottayamย โขย 1y
500M in Cash๐ฐ reserves?!๐ตโ๐ซ Telegram has just 30 full time employees & 1 billion+ active users. Telegram is now profitable ๐ Yes,it's profitable with over $1Billion cash revenues and they have $500M ๐คin cash reserves! Comment if you know wha
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Medialย โขย 9m
Many say starting a new company is hard, then there are people who say making it successful is hard, and then there are people who say scaling it is hard. But I say ๐๐๐๐จ๐ฆ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ข๐ญ๐๐๐ฅ๐ is hard. It took Uber 14, Airbnb 14, Amazon 9
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