20VC: Bending Spoons: The Most Untold Success Story in Startups: Lessons Scaling to 500M Downloads, $360M in Reported 2023 Sales and a $2.55BN Valuation... Bootstrapped with Luca Ferrari, Co-Founder and CEO @ Bending Spoons
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
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Leveraging Lessons Learned from Network Effects and Unpredictability
The key insight here is the importance of leveraging scale network effects in a portfolio of products for cross-promotion and referrals. Additionally, it highlights the challenge of predicting user acquisition and the high level of unpredictability in investments. The lesson is to incorporate appropriate safeguards and maintain a sufficient margin of safety to mitigate potential losses and continue to navigate future opportunities.
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