Paid Growth Never Worked for Every Startup
Becker rejects the idea that paid acquisition was an easy universal growth engine during the 2010s and has only recently stopped working. Successful unicorns used it, but many companies using the same channels flatlined. Grammarly and Athletic Greens show that businesses can still scale profitably through paid acquisition when they understand customer economics and execute well.
- The visible winners create survivorship bias around paid acquisition
- Thrive also worked with projects that flatlined during the supposed golden age
- Companies still spend millions per month profitably on Google and Meta
- Success depends on economics and execution rather than access to the channel alone
“every unicorn from like the you know 2010s era that that scaled did performance marketing. But not everyone during that time who did performance marketing…”
“the sense that there was a period of time where this was easy or you know, it worked on any project is is not correct…”