Jason Lemkin
๐ค SpeakerAppearances Over Time
Podcast Appearances
I think the truth is, if you're going 75 to 100 percent, you're fine.
Stop.
If you're going 100 percent at 50, you're going to be at 100.
Then your growth decays to 80.
You're going to be at 180.
Then your growth decays to 40 or 50.
You're at 300.
You're going to get to scale.
You've got your funny face on for listeners who can't see it.
Harry's got on his I disagree face.
And going back to your pushback, Harry, I mean, I think it's in the framing of your question.
Let me tell you precisely why I think you're wrong.
You said if you were the CEO of X, Y, or Z, and you're going at 70%, then you kind of did the throwing your hands up in the air thing.
I think you're wrong for them, right?
I mean, what is true is this.
If you're growing 50, 70, if you're at 50 million growing 50 or 70%, you may struggle to get venture capital because you're right, everyone's focused on correctly on the things that have the embedded upside of potentially exploding to hugeness.
And you're probably at a stage now where that kind of mega growth is not going to reaccelerate from there.
So the probability of a mid-stage SaaS company exploding into something amazing is rounding error zero.
So as an investor, that's not attractive.
As a person who owns that asset, maybe you own 20% of it, right?