Growth Companies
Companies at every stage of the life cycle aspire to be growth companies. The young idea businesses in the preceding chapter hope to make it through the rigors of the marketplace to become growth companies, and mature firms keep trying to reinvent themselves as growth companies. This section looks at why growth companies are appealing and the role that growth companies play in the economy and in public markets.
A Life Cycle View of Growth Companies
While investors and managers often talk about growth and mature companies as distinct groups, the differences are hazier in the real world. So, what is a growth company? Many definitions for growth companies are used in practice, but they all tend to be subjective and have significant ...
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