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Interlude - Index of

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4<br />

Hypergrowth<br />

On Goals, Doubling,<br />

Ancestors, and Pain<br />

A company is most vulnerable when it has completed one<br />

major goal and not yet signed up for another: this was our position<br />

after going public. Dan said that an IPO is like graduating<br />

from college. For years you focus on getting that diploma, but<br />

then you leave school and it’s time to go out and show the world<br />

what you can do. Dan was warning us not to be too pleased with<br />

ourselves. By some measures, NetApp was remarkably successful,<br />

but in the computer industry, we were something else: small<br />

and weak, with much larger competitors hell­bent on killing<br />

us, and customers who weren’t big enough to sustain us. Going<br />

public is the beginning <strong>of</strong> a tough fight, not the end <strong>of</strong> one.<br />

To survive, we needed new goals that were bold, pr<strong>of</strong>itable,<br />

and achievable. Dan held a three­day <strong>of</strong>fsite for his staff, a meeting<br />

away from our <strong>of</strong>fices where we could focus on planning the<br />

future without the interruptions <strong>of</strong> the present. The outcome<br />

was three goals that guided our growth for the next five years:<br />

61

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