
…sh-and-burn, while others that are slow to get off the ground surprise everyone with their triumph. There is no formula, expectations are often wrong, and each success story is unique and unprecedented… but that doesn’t mean there are not patterns worth paying attention to.
Another interesting finding is that many of the billion dollar companies were not monetizing their customers at the time of their Series A round, including Twitter, Pinterest, Houzz, and Nextdoor. At this stage, they were focused on building a user base rather than making money. These startups f…
Dropbox was just easier to use than other backup/storage/sync solutions, and far better than the USB drive/self-email status quo. Tumblr built an engaged community around content, which may not seem like a big deal at first, but …