4min chapter

Lenny's Podcast: Product | Growth | Career cover image

Building a long and meaningful career | Nikhyl Singhal (Meta, Google)

Lenny's Podcast: Product | Growth | Career

CHAPTER

Why Ex Growth Companies Are Not Good Places to Be

The idea was that all of these companies could instantly grow when they found product market fit and at birth all these unicorns. But 18 months ago, it almost like the music stopped, 0% interest rate went away. It became a lot, lot harder to find growth through just fueling it with capital. And I think that the sudden change meant that not only capital was harder to raise, but companies started to focus on their core products.

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