“Businesses on our platform, they grow an average of 300% after the first year”
TBPN · Moderna Drama, WSJ Mansion Section, Genetically Engineered Military Dogs | Thomas Wright, Kyle Schiller, Steven Schwartz
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What was described
helps businesses on its platform achieve an average 300% growth after the first year
300%
Said nearby on the same subject
“When we launched the company … we could help the average business cut their expenses by about 2% per year… Today, a typical business running on ramp is able to cut their expenses by about 7.5% per year.”
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Why it workedTypical business cuts expenses by about 7.5% per year (earlier 2%)Share this moment
“I need to grow between 24 to 26% net, per year… we’ve been averaging at least 15 points of organic growth per year.”
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Tyler Hoffman
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Why it worked24-26% net growth per year; ~15% organic growth per yearShare this moment
“We actually cap it at 5%, so you can't go above 5% capital growth rate… Australian average has performed at 6.8% historically, that's why most platforms use 7%.”
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Said on The Elephant In The Room Property Podcast | Inside Australian Real Estate
Why it worked5% (capped), 7% (typical industry assumption), 6.8% (historical Austra…Share this moment
“Our average growth is about 6%, 6% to 7%. So we double every 10 years.”
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Hadley Nightingale
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Hard number6-7% annual growth, double every 10 yearsShare this moment
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