Canada’s Top Growing Companies: You can grow your own way

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 67 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 92%

Argentina Noticias Noticias

Argentina Últimas Noticias,Argentina Titulares

Forget ‘move fast and break things,’ a new breed of successful startups is taking a more sustainable approach to expansion

“No, sorry. Thank you so much for your interest, and I’d love to keep your information for future conversations, but for now? Respectfully, no.”

Burget and Lo aren’t the only ones changing their thinking. When Facebook founder Mark Zuckerberg issued his famous edict to “move fast and break things,” he captured a spirit that became the dominant narrative in startup circles for more than a decade. Exponential growth became the defining metric for entrepreneurs and the institutions that supported them, never mind the fallout of expanding by 10 or 100 or 1,000 times or more.

It might seem grim, but there’s considerable upside to this trend, according to Jérôme Nycz, whose work as executive vice-president at BDC Capital involves tracking and analyzing funding trends. In his view, startups that prize fiscal fundamentals are not only better positioned to weather this “fundraising winter”—they’re more likely to come out of it thriving and far less likely to fizzle out.

One of Rouleau’s motivations for starting her company a dozen years ago was to eliminate single-use plastics in an industry riddled with them, so one of its growth metrics is the number of bottles saved from recycling or landfill—more than 1.2 million in 2022—and the goal is for the growth rate of this variable to move in lockstep, if not outpace, that of revenue. Metrics like this create guardrails to keep the business growing in alignment with its purpose.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 5. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

B.C.’s fastest-growing companies seeing sales soar between 2018 and 2022Acquisitions, commodity prices and pandemic peculiarities all helped businesses grow their revenue
Fuente: PGCitizen - 🏆 65. / 51 Leer más »

B.C.’s fastest-growing companies seeing sales soar between 2018 and 2022Acquisitions, commodity prices and pandemic peculiarities all helped businesses grow their revenue
Fuente: BurnabyNOW_News - 🏆 14. / 77 Leer más »

Talks with government, food companies should span supply chain: economistFollowing meetings between government officials, grocers and manufacturing companies around at stabilizing food costs, a food economist said conversations about food supply chains should be broad and inclusive to get at the heart of the issue.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »