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The Science of Growth: How Facebook Beat Friendster--and How Nine Other Startups Left the Rest in the Dust

di Sean Ammirati

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"The lean entrepreneurship movement has captivated Silicon Valley and entrepreneurs across the country. It's provided an agile framework to develop the right product solution for a given target market, and is now used by almost every fledgling company to do just that. The next challenge is growth - to achieve the financial returns and, more importantly, the impact they dreamed of when starting off on their adventure. Why do some companies realize the VC's goal of a 10x return on investment, while others flounder? What differentiates the companies that become part of the fabric of our lives and remain responsive, no matter how big they get from those that quickly fade? To find out, Ammirati looks at 20 different companies in pairs, who have achieved product-market fit at about the same point in history with the same general target customer-one of which has gone on to achieve real scale, while the other languished. As his research reveals, just a handful of choices-among them, who to partner with, how to finance growth, and how to use data-make all the difference in the world. With such intriguing examples as LinkedIn vs. Spoke, Facebook vs. Friendster, and McDonald's vs. White Castle, Ammirati shows the secret of "the science of growth" and how to cultivate it in any organization"--… (altro)
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I was intrigued by the book's title because I'm one of the few people I know who not only remember Friendster -- the first actual social media network on any large significance -- but because I was a member! Before, like everyone else, migrating to MySpace only to move on to Facebook just another couple of years later. I always thought Friendster made some bad decisions that turned out to be bad business moved that ultimately destroyed their business, and these self-inflicted wounds should have been entirely avoidable. Thus, I was curious to see what the author would say about this, as well as the other examples used in the book. The book wasn't quite what I hoped for, possibly because the author may have been a bit too ambitious in trying to refer to too many examples and sacrificing depth for quantity, but they had their reasons and it's not like the book was a failure. It was good; I only thought it could have been even better. In any event, it was good to see this type of book and it was nice to see current or recent startups many of us have experience with ourselves being used as the focus on which the book is based. Recommended. ( )
  scottcholstad | Dec 26, 2019 |
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"The lean entrepreneurship movement has captivated Silicon Valley and entrepreneurs across the country. It's provided an agile framework to develop the right product solution for a given target market, and is now used by almost every fledgling company to do just that. The next challenge is growth - to achieve the financial returns and, more importantly, the impact they dreamed of when starting off on their adventure. Why do some companies realize the VC's goal of a 10x return on investment, while others flounder? What differentiates the companies that become part of the fabric of our lives and remain responsive, no matter how big they get from those that quickly fade? To find out, Ammirati looks at 20 different companies in pairs, who have achieved product-market fit at about the same point in history with the same general target customer-one of which has gone on to achieve real scale, while the other languished. As his research reveals, just a handful of choices-among them, who to partner with, how to finance growth, and how to use data-make all the difference in the world. With such intriguing examples as LinkedIn vs. Spoke, Facebook vs. Friendster, and McDonald's vs. White Castle, Ammirati shows the secret of "the science of growth" and how to cultivate it in any organization"--

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