Blitzscaling

A Blitzscaling is a for-profit org. practice that prioritizes speed over efficiency in an environment of uncertainty.

Context:
- It can (often) be used to allow a company to go from Startup Company to Scaleup Company.
- …
Counter-Example(s):
- Engines Of Growth.
See: Reid Hoffman.

References

(Wikipedia, 2022) ⇒ https://en.wikipedia.org/wiki/Reid_Hoffman Retrieved:2022-3-28.
- Hoffman is co-author, with Chris Yeh, of the book Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies. The book was released in the United States on October 9, 2018. It argues that the secret to starting and scaling massively valuable companies is “blitzscaling”, a set of techniques for “scaling up at a dizzying pace that blows competitors out of the water.”

https://blitzscaling.com/
- QUOTE: ... Blitzscaling is a specific set of practices for igniting and managing dizzying growth; an accelerated path to the stage in a startup's life-cycle where the most value is created. It prioritizes speed over efficiency in an environment of uncertainty, and allows a company to go from "startup" to "scaleup" at a furious pace that captures the market. ...

(Kuratko et al., 2020) ⇒ Donald F. Kuratko, Harrison L. Holt, and Emily Neubert. (2020). “Blitzscaling: The Good, the Bad, and the Ugly.” Business Horizons, 63(1).
- ABSTRACT: Today’s disruptive innovations are driving the creation of numerous billion-dollar startups. Venture capitalists focus on these potentially disruptive technology startups and fund them furiously, advancing their speed of growth. The idea is to scale fast and seek huge returns for investors. Terms that define this type of aggressive scaling have recently developed in Silicon Valley. Unicorn is defined as a venture with a value of $1 billion, while a decacorn describes startups with a value of $10 billion. Another recent term is blitzscaling: funding a venture for extremely fast growth and prioritizing speed over efficiency in an environment of uncertainty. ...

(Hoffman & Yeh, 2018) ⇒ Reid Hoffman, and Chris Yeh. (2018). “Blitzscaling: The Lightning-fast Path to Building Massively Valuable Companies.” Currency.

(Sullivan, 2016) ⇒ Tim Sullivan. (2016). “Blitzscaling.” Harvard Business Review, 94(4).