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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: The Memo: Keith Rabois and Ramp's Eric Glyman on Behind The Scenes at The Best Run Private Company on the Planet; The Tools, Tips, Secrets and Process That Drive Efficiency

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

NOTE

The Timeless Belief in Solving People's Problems

Great businesses start by being curious about people's problems and how to solve them in a better way, rather than focusing on new technological capabilities. Business success lies in being more profitable, spending less, achieving more with a smaller team, and improving efficiency. The enduring mission of a business should revolve around helping people spend less and reinvest more, ensuring they get the same benefits for a lower cost.

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