The growth ceiling comes for a very, a simple mathematical reason. If you start out with a thousand users, in order to a quadruple, you just need four thousand users. Three million users, it gets a lot harder. The second issue on top of that is, as more users show up, inevitably there are am a factors like market saturation. And these are some of the factors that drive companiesjust hitting the ceiling and not being able triple or quadruple each year.
Andrew Chen is a specialist in growing tech businesses and for his new book, The Cold Start Problem, he has spoken to the founders of companies such as LinkedIn, Zoom, Uber, Dropbox, Tinder and Airbnb, to learn how startups can maximise their potential. Andrew has spent a career working with tech companies and tech investors, plus he's also a prolific writer with both a popular blog and newsletter. He joins economist and broadcaster Linda Yueh to discuss the new book and offer his insider's perspective on Silicon Valley success.
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