Different types of businesses need different growth rates to be successful.
Yes!! This is the essential point, and I'm surprised pg didn't bring it up. It depends on the nature of the opportunity. If it's a large market that has recently opened up for some reason, you have to attack it aggressively or you will lose. Conversely, if the market has to be educated about the virtues of your product, you're better off going slow, because educating a market takes time.
I'll agree with DHH to this extent, though: I wouldn't be surprised if there were a lot more bootstrap opportunities out there than fast-growth opportunities.
Yes!! This is the essential point, and I'm surprised pg didn't bring it up. It depends on the nature of the opportunity. If it's a large market that has recently opened up for some reason, you have to attack it aggressively or you will lose. Conversely, if the market has to be educated about the virtues of your product, you're better off going slow, because educating a market takes time.
I'll agree with DHH to this extent, though: I wouldn't be surprised if there were a lot more bootstrap opportunities out there than fast-growth opportunities.