Regarding HBR is the hypergrowth „the steep part of the S-curve that most young markets and industries experience at some point, where the winners get sorted from the losers.“ The World Economic Forum says companies need to have a compound annual growth rate (CAGR) of greater than 40%. In contrast, “rapid growth” companies are defined as having a CAGR of between 20% and 40%, while “normal growth” companies have CAGRs of less than 20%. At LXVI we, we refer to that “steep part of the S-curve”. It’s a phase were companies trying to grow as much they can and achieve the top of the curve and then ride on it. The majority of companies, get wiped out, or they will change the course. As hypergrowth companies, you can think about Slack, Mailchimp, etc.

We are building companies that can ride up and over the S-curve in the short run. So they are flexible, can act upon the market situation and leverage it. We believe if companies are flexible enough to act in the right time they can be successful in long term and be the added value to customers.

We look at the overall picture of the project in which we are interested in the size of the market, team, product, go-to-market strategy, how they want to achieve it (at what time, for what finance, etc.) and synergy with our portfolio companies. We need to see founders‘ commitment, trustworthiness, will to tighten things to the end and be the active business partner.

First, of all, we want to meet with company representatives or founders so we can gather all important information about the company or project – pitch deck, financial plan, business plan, product demo, etc. We also request the market specifics and product details. Once we decided that cooperation makes sense on both sides we will proceed with the next steps. All processes will be as fast as possible because we know that timing is an important essence in building a successful company.

We already built, acquired and exited successfully from some companies so we are bringing on board our own expertise and competence across the consumers, retail, manufacturing, technology, enterprise, and other spaces.

We have strong competence in different business areas and connection to other professionals in business, technology, investment, and others. We know that building a company is about the right people, talents who are passionate and competent to build it with you.

Also, we are well connected with all our portfolio companies and its highly skilled people who are here to share their experience and knowledge too.

We are official organizers of Startup Grind community events in the Czech Republic where we host the most successful entrepreneurs, technology innovators and investors to share their knowledge and experience with local founders, SMB owners, corporate representatives, and others. Besides, we organize mentoring sessions, female leaders events, startup pitch nights and university lectures all around the Czech Republic.

You can meet us at Startup Grind events in the Czech Republic and besides we spend a large part of our time attending conferences and other startup events. So there are plenty of opportunities to meet with any of our team members. If you would like to speak to us, feel free to contact us via email and we’ll schedule a call or face to face meeting.

It’s simple. Send an email to office@lxvi.cz, telling us about yourself. We are looking for talents to our team and portoflio companies, from entry level roles to  CxO positions in one of our portfolio companies.