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What it means to be a compound startup

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  • The concept of a compound startup involves offering a suite of products or services instead of focusing on just one.
  • Atlassian is an example of a compound startup, as they provide a range of tools for different stages of product development.
  • The compound startup approach allows different teams to find everything they need in one place.
  • Other companies like Hubspot also adopt the compound startup mindset.
  • The compound startup approach involves building an ecosystem and focusing on the process rather than targeting a specific customer.
  • The key to success for compound startups is having a diverse range of products and services that work together harmoniously.