Blitzscaling

http://www.wired.com/2015/09/silicon-valley-success-goes-fastest-not-first/

“What most people don’t appreciate about why so many great companies come out of Silicon Valley is the knowledge of how to do scale-up. It’s not just that you build an app and everything works out,” says Hoffman, a partner with Silicon Valley venture capital firm Greylock. “What first mover means is first mover to scale. If you don’t play the move-fast game, you can frequently lose out to someone who is.”

Hoffman calls this blitzscaling, and he points to Facebook as a prime example. Mark Zuckerberg and company built the world’s most popular internet service in a mere six years. If the rest of the world doesn’t already appreciate the idea, it soon will. Blitzscaling is the subject of an undergraduateclass Hoffman will teach this spring at Stanford University in Palo Alto, California—a traditional breeding ground for entrepreneurs.

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