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by reham
3544 days ago
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It's definitely a balance. Now you don't want to grow slow enough where you're not seeing any growth month over month or year over year. The perception these days is that profitability = slow growth. That's not the case at all. We've continued to grow fast but made it a priority to control expenses in order to be default alive. There are many ways to become a large company. You only hear about the hyper fast growth with zero concern for the bottomline. As far as competitors are concerned, you can't control what your competitors do but what you can control is building a business that will stand the test of time. Competitors come and go, so if you pay too much attention to them you'll end up losing focus. |
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But the hyper growth company also have a risk of dying because of no funds.
So, either situation is tough.