Ever hear of a guy named David Sacks?
He has a crazy gift.
Essentially, he doesn’t know how to get involved in a startup and NOT have it turn into a billion dollar success story.
We’re talking about…
… Paypal (sold to ebay for 1.5B)
… Yammer (sold to Microsoft for 1.2B)
… dozens of companies he was an angel investor in (Airbnb, Facebook, Uber)
He’s as close to a “tech oracle” as there is…
And if you have billion dollar aspirations for your startup… you better be taking his advice as gospel.
I was lucky enough to attend a private keynote that David gave a few years back where he singled out the 5 things that MUST be true to hit the 10 figure mark.
This week’s video is the detailed breakdown extracted from my personal notebook.
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At a high level, here are the 4 things that must be true:
- Market need
- Product hook
- Scalable distribution model
- A non-copyable moat
Even if you’re not crazy enough to have billion dollar aspirations, building your company as if you do will set you up for massive scale.
If there’s one element that has to be true for ANY company (not just billion dollar startups)… it’s the market need.
I know… obvious on the surface…
… but still a mistake that way too many founders make.
Falling in love with our technology will do that 😉
Give this episode a watch, and then reply to this email letting me know the ultimate aspirations for your startup.
