Hoffman: Operating margins do not matter for consumer internet before scale
Reid Hoffman · From Startup to Scaleup | Sam Altman and Reid Hoffman · Y Combinator · May 31, 2017 · at 39:57
LinkedIn co-founder Reid Hoffman explains the sequencing of financial discipline and margin optimization during blitzscaling.
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“Frequently one of the questions that can be in consumer internet especially, enterprise needs to identify this earlier than consumer, and consumer sometimes will overly obsess with operating margins early, when it's actually in fact get to scale, Then obsessed with operating margins. Because if you're not at scale, your operating margins don't matter.”
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