Hockey Stick Growth

定義

Hockey stick growth is the pattern of flat or slow progress followed by a sharp upward inflection, resembling the blade and shaft of a hockey stick.

資金調達における位置づけ

The term appears both sincerely (a real inflection after product-market fit) and skeptically (financial projections that conveniently inflect right after the fundraise).

よくある質問

Do investors believe hockey stick projections?

Not on faith; a projected inflection needs a mechanism, like a proven channel scaling or a launched product line, or it reads as spreadsheet optimism.

What causes real hockey stick growth?

Compounding loops: network effects, word of mouth kicking in, or a repeatable sales motion suddenly fed with capital.

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