Join 📚 Calepes’ Highlights
A batch of the best highlights from what Carlos ☕️'s read, .
What matters is not the absolute number of new customers, but the ratio of new customers to existing ones. If you're really getting a constant number of new customers every month, you're in trouble, because that means your growth rate is decreasing.
Startup = Growth
paulgraham.com
Conditional probability is the probability of event “A” being true given that event “B” is true. It helps us answer the question: How does the probability of an event change if we have new evidence (or new information)? Conditional probabilities always involve two independent events, “A” and “B”.
Bayes' Theorem
Dan Morris
You'll generally do best to follow that constraint wherever it leads rather than being influenced by some initial vision, just as a scientist is better off following the truth wherever it leads rather than being influenced by what he wishes were the case.
Startup = Growth
paulgraham.com
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