Spruill: Ancillary products generate under 5% of revenue at most software giants
Yancey Spruill · Hacks for Founders of High-Growth Startups with DigitalOcean CEO Yancey Spruill · Mar 5, 2022 · at 10:06
This episode carries Yancey Spruill's own address, with nobody on the show putting questions to them. It still counts as said, and it is kept out of every score on their page.
DigitalOcean CEO Yancey Spruill argues against prematurely expanding into multiple product lines.
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“You could look at the largest software companies on the planet that are headquartered right down the street from here, how much of their revenue comes from product A? And how much money and chaos that they still have Decades later, focusing on all these other products that produce less than five percent of revenue. It's very, it's fascinating, but that's the real pattern. It's very unusual to build product two, three.”
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