GrowthHackingIdea - The proven formula of the next unicorn
GreylockPartners, who backed 4 of 5 $10B companies during their earlier stages (series A/B), shared a simple formula of predicting whether a startup has potential to become the next unicorn.
The formula of the next unicorn: "Accruing benefits" + "Mounting losses"
Accruing benefits: the more you use the product, the better it get.
Mounting losses: the longer you stay with the product, the more you have to lose by leaving.
Source: www.linkedin.com
Cheers,Charlie Patel ;)
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