Exponential Growth

topic on 5 shows · 5 statements across 5 episodes

Acquired the Y Combinator Startup Podcast the Knowledge Project Capital Allocators 20VC

5 statements about Exponential Growth, every show

ACQUIRED Insight
Thompson: Word-of-mouth businesses face linear growth limits as referral networks exhaust
“The problem with a word of mouth business and exponential growth is people run out of people to talk to. And so that's the limiting factor.”
Ben Thompson Dec 6, 2022 ▶ 52:13 Stratechery (with Ben Thompson) · Acquired
Grinda: Investors underestimate marketplace network effects due to linear thinking
“The network effects are so powerful that it leads to exponential growth, and humans don't really think very effectively in terms of exponential terms, and they don't realize that when you have 50% compounding year over year, it ends up to lead to very big numb…”
Fabrice Grinda Jan 24, 2022 ▶ 43:04 Fabrice Grinda – Canvassing Seed Stage Marketplaces at FJ Labs, Venture is Eating the Investment World 4 (Capital Allocators, EP.232)
Fry: Exponential growth specifically means changing by fixed fractions over time
“The word exponential just gets thrown around. Like, you know, people say, oh, this project's exponentially more difficult, or, you know, exponentially more dangerous. And it's like, well, no, it's not. That's not what the word means. And it is really counterin…”
Hannah Fry Jul 7, 2020 ▶ 36:17 #87 Hannah Fry: The Role of Algorithms
Altman: Humans lack evolutionary intuition for exponential startup growth
“Human intuitions about exponential growth are terrible. We clearly had no evolutionary need for this. We can, like, visualize linear growth very well. We can, like, you know, visualize the trajectory of an arrow very well. We, very few people that I have met, …”
Sam Altman Mar 6, 2018 ▶ 32:09 Sam Altman - Startup Investor School Day 1 · Y Combinator
20VC Insight
Sam Altman: Most people fail to comprehend exponential growth
“I've learned that most people are very bad at thinking and understanding exponential growth, so it's easy to look at something and say, well, this just isn't going to be that big”
Sam Altman Jan 17, 2018 ▶ 5:38 20VC: Sam Altman, Y Combinator President on What Makes Truly Great Leaders, Why We Will See A Compression of Seed Funding & The Future Scaling of YC

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