2min chapter

Acquired cover image

Platforms and Power (with Hamilton Helmer and Chenyi Shi)

Acquired

CHAPTER

Is It a Good Time to Increase Your Profitability?

In the early stage of a platform with product market fit. What that means is there a lot of people want this stuff, right? And so you scale like crazy, and you're rewarded for that. But then later on, you face the power stion, which is, is that a profitable proposition, or if you just acquire a lot of customers? So i think it's an idiosyncratic tactical question... As business progresses, you have to make a decision about when you start increasing prices.

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