Someone told me it was impossible to become an avogadrillionaire (to have a net worth of one mole, or approximately 6.02 x 10^23 dollars.) Now there's this founder I know whose startup grew 93% last month. Let's be conservative and say she has 2 million dollars. Let's calculate how many months of 93% growth it takes for something to grow 301,100,000,000,000,000x.
The log base 1.93 of 301,100,000,000,000,000 is 61.2091. That's about 5 years and 35 days. Is it really impossible to grow 93% month over month for 5 consecutive years? I can imagine some startups that can.
There are two numbers that determine whether you can make one avogadrillion dollars. One is your growth rate, which doesn't matter at all. The other is the size of the available market. Simply identify a market that has on the order of 10^20 times the demand that is currently being met. Understand what your users want. Ask ChatGPT for advice.
It’s actually easy and straight forward to become an avogadrillionaire, on paper that is, but still an avogadrillionaire: issue a token with a supply of 6.02*10^23, sell one token for $1, bam, avogadrillionaire
PG acknowledged that growth is limited by market size. Markets to support "avogadrillionaire" level wealth may not current exist.
However, there obviously exist markets to support billionaire level wealth, as evidenced by the at least 30 billionaires produced by YC, and the many others.
No, because they are ultimately constrained by outputs that can be delivered or (assuming claims on future economic output into the market) the money supply that can be assigned to the future output. Even with leverage I couldn't ask my bank to loan me 6e23 USD without a lot more stuff having to happen first.
There are markets that can grow fast of course, but once that exceeds the overall economy it can only come from forcing other markets to shrink, and that limits the growth rate to which the fast-growing market can ultimately attain.
Not impossible, but you would need to geometrically explode the need for money (civilization) beforehand. In a few million years, (i.e. not impossible) the molleionaire will be the elite class of galactic citizen.
The log base 1.93 of 301,100,000,000,000,000 is 61.2091. That's about 5 years and 35 days. Is it really impossible to grow 93% month over month for 5 consecutive years? I can imagine some startups that can.
There are two numbers that determine whether you can make one avogadrillion dollars. One is your growth rate, which doesn't matter at all. The other is the size of the available market. Simply identify a market that has on the order of 10^20 times the demand that is currently being met. Understand what your users want. Ask ChatGPT for advice.