[fweespeech]

> In practice, the difference between building a billion dollar company and building a 10 million dollar company is marginal.

As someone who works at a company that was acquired in the 8 figures range...

You don't know what you are talking about.

[smikhanov]

Care to elaborate on the difference between the two that you have observed? I'm genuinely interested.

[fweespeech]

* The value/importance of a 1% increase in efficiency can make or break team performance. 1% of an 8 figure company isn't enough to fund a multi discpline, multi-person team looking to improve efficiency for a year. The parent company literally employs a team whose sole purpose is internal efficiency/performance improvements where "single digit percentage" improvements are enough productivity to justify a multi-million dollar budget. Sure it "exists" in theory in a smaller company but it no one is paid to perform the job because the cost/benefit isn't there.

* The mindset change in regards to accounting, legal risks, etc.

* The amount of red tape & interaction with state/federal governments. No one cared what we were doing when we were just an 8 figure company.

* We actually care about PR when it, frankly, didn't matter before.

Sure, you "care" about these things as a smaller business but you don't have dedicated teams of people solely to manage them. Building dedicated teams solely to perform function X vs. having teams that are more general purpose is a huuuuuuuuge practical difference imo.