Nothing groundbreaking here, just reframing (yet again) how to think about success so that founders focus hard on growth rate. Good stuff.

Sometimes I wonder if PG is targeting/excluding audiences by speaking in a mathy way.

"If he was bad at extracting money from people, at worst this curve would be some constant multiple less than 1 of what it might have been. But a constant multiple of any curve is exactly the same shape."

This makes perfect sense to a native math speaker but takes some effort for others to digest. I wonder if that is deliberate or just the way he talks.