Scalability is a key term because that’s what makes startups so special. Compared to traditional companies, Web technology makes it possible to scale up at a previously unseen level.
What does it mean? It means that startups have a high potential in terms of development (that’s why the growth stages generally require such exterior capital investment – though we are seeing more and more articles written on the optional stage of fund-raising)
Being scalable means having the capacity to go rocketing up into the air without ever having to increase production costs.
That’s why Evan says: “Scalability for the startups is the ability to grow with the existing team“.
Scalability is that magic trick, that sleight of hand that startups have up their sleeve. That’s what makes them so damn attractive and fascinating!
How to create, capture and deliver value?
In his very user-friendly presentation, Evan asks many questions such as: How can you engage your users to different degrees? How can you create value? How can you become scalable? How can you push your existing team to do more?
It’s all about scalability, value (you have to understand what your real value is and, lastly, to imagine an innovative business model around this value); it is all about customers, content creation, testing, iteration, discovery…