Insight certainty 4/5 debate potential 3/5

Yassin: The Asian conglomerate startup model beats the US single-product focus

Nuseir Yassin · HIBT Lab! Nas Company: Nuseir Yassin · Apr 6, 2023 · at 41:41

Nuseir Yassin, founder of Nas Company, compares American single-product startup models like Slack to Asian conglomerate ecosystem models when discussing his business philosophy.

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“The American way of building companies tells you, build one product, make that product really big, go on IPO, and just like continue working on that product for the next 1020 years. Like Slack. Slack is a one product company until it got acquired. Perfect. Right? That never made sense to me. So I'm much more inspired by the Asian way of building it, which is build an ecosystem. Build 20 different companies that all complement and help each other.”

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