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The High Growth Handbook provides key frameworks that CEOs of high-growth companies need to understand in order to scale their businesses. It has influenced corporate strategies and business models by emphasizing the importance of a larger, more complex board of directors once a company goes public, the need for more stringent financial controls and regulations, and the shift in employee mix as the company develops. These insights have helped many businesses navigate the challenges of high growth.
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Larger, more complex board of directors: Once a company goes public, it has to staff committees at the board level. This makes the board larger and more complex, which also means it will be harder to manage. Financial and other controls: Companies will have to abide by more regulations and financial controls. Some of this will be good for the business overall, but more will just slow it down. Employee mix shifts: As the company develops, new employees will be more risk averse than early ones. If they were more open to risk, they would have joined earlier.
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You’ve found a good product with strong market fit, so how do you scale from an early stage startup to list on the S&P? Elad Gil, co-founder of Color...
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