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2 years, 8 months ago

the term “blitzscaling”

The term “blitzscaling” derives from the twentieth-century usage of “blitz” as a way of describing a sudden, all-out effort. The first usage of blitz in this way was to describe the “blitzkrieg” (“lightning war”) strategy that General Heinz Guderian devised for the initial military campaigns of Naz…

—p.21 Blitzscaling Introduction (1) by Chris Yeh, Reid Hoffman
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2 years, 8 months ago

the adopted son of a Syrian immigrant

With the power of blitzscaling, the adopted son of a Syrian immigrant (Steve Jobs), the adopted son of a Cuban immigrant (Jeff Bezos), and a former English teacher and volunteer tour guide (Jack Ma) were all able to build businesses that changed—and are still changing—the world.

—p.20 Introduction (1) by Chris Yeh, Reid Hoffman
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2 years, 8 months ago

it’s going to need entire new industries

Here’s a startling fact: the global economy will need to create six hundred million new jobs by 2030 to meet the United Nations’ sustainable development goals. That’s less than fifteen years away. The world needs more than just new companies and new jobs; it’s going to need entire new industries.

—p.18 Introduction (1) by Chris Yeh, Reid Hoffman
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2 years, 8 months ago

great news for fans and creators of movies

Disruption on its own is neither good nor bad, but it always involves change. Replacing a $10 product with a $1 product of equal or better quality looks like a disaster to an incumbent player, but, for society as a whole, it means greater productivity. The buyer gets the desired product, and now al…

—p.13 Introduction (1) by Chris Yeh, Reid Hoffman
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2 years, 8 months ago

intentionally doing things that don’t make sense

Blitzscaling requires hypergrowth but goes beyond the blunt strategy of “get big fast” because it involves purposefully and intentionally doing things that don’t make sense according to traditional business thinking. In the Blitzscaling Era, you have to make a tough call:

• Take on the additiona…

—p.12 Introduction (1) by Chris Yeh, Reid Hoffman