SUMMARY - Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies by Reid Hoffman and Chris Yeh

* Our summary is short, simple and pragmatic. It allows you to have the essential ideas of a big book in less than 30 minutes.


*By reading this summary, you will discover how to propel a startup to the top of the race against the competition and how to get the most out of it.


*You will also discover : what blitzscaling is and what it is used for; how the modern economy encourages risk-taking; why it is often necessary to lose money in order to make money; the keys to long-term growth.


*At the end of 1996, the world's top-rated companies were still big industries: General Electric, Coca-Cola, Royal Dutch Shell and Nippon Telegraph and Telephone. Twenty years later, none of these companies are in the top five. Apple, Google, Microsoft, Amazon and Facebook are the next generation. In the meantime, the global economy has witnessed the rise of these digital companies. In Silicon Valley, the 150 most successful companies are estimated to be worth $3.5 trillion. Some of these digital companies have grown from small, hard-working startups to global giants in just a few short years. How did they achieve such tremendous growth? The main secret of this success can be summed up in one word: blitzscaling.


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