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

How to become a category pirate | Christopher Lochhead (author of Play Bigger, Niche Down, Category Pirates, more)

Lenny's Podcast: Product | Growth | Career

NOTE

The Importance of Categories in Building Brands and Companies

The category of a tech product determines its success. A study of venture-backed tech companies from 2000 to 2015 revealed that, on average, one company in each market category earns 76% of the total value created as measured by market cap. This highlights the importance of being the leader in a category.

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