Few companies have grown as quickly as Tesla, especially just before and after the company launched the Model 3, its first affordable EV.
“We scaled Tesla in 30 months from $2 billion in revenue to $20 billion in revenue,” Jon McNeil, the former president of Tesla who is now co-founder and CEO of DVx Ventures, told the crowd at TechCrunch’s All Stage event in Boston.
It wasn’t McNeil’s first time scaling companies, nor would it be his last. Previously, he founded six different companies, and after Tesla, he joined Lyft as COO before starting his own venture firm, where he’s launched a dozen startups.
Over the years, McNeil has developed a playbook that helps him identify when a company is ripe for scaling. He shared those insights last week with the audience at TechCrunch All Stage 2025.
When assessing a company’s potential to scale, McNeil primarily judges them on two different measures, product-market fit and go-to-market fit. It’s not unusual for investors to focus on those concepts, but McNeil has distilled them into two objective measures.
For product-market fit, he asks each startup, “do 40% of your customers say they cannot live without your product,” he said. If not, then the company isn’t ready.
“We keep adding, adding, adding and tweaking the product until we get to 40% and then we say, okay, boom, now we’ve got product market fit,” McNeil said. “It’s actually objective and measured. It’s not a feeling, it’s not a sense. It’s a metric.”
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McNeil added, “We did a study of businesses that actually achieved breakout, and those businesses achieved breakout at roughly that 40% acceptance level.”
Second, McNeil looks at whether the company has a mature go-to-market strategy. Specifically, he’s interested in whether the amount a company spends to acquire customers, known as customer acquisition cost (CAC), is sufficiently below the total lifetime value (LTV) that the customer will bring the company.
When a company starts pulling in four times more money over the life of the customer than it spent to acquire them — an LTV to CAC ratio of four-to-one — that’s when he knows the company is ready.
“Then we pour in the cash. But before then, we’re doling out cash $100,000 at a time just to get to different stage gates,” he said.
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![Amazon Is Sticking With ‘Rings of Power’ to the End
There’s many uncertainties in this world, but apparently the future of Prime Video’s Lord of the Rings: The Rings of Power may not be one of them. According to a source speaking to The Ankler’s Lesley Goldberg, the show’s considered a “magical halo” by Amazon CEO Jeff Bezos. As such, it’s “proteced for its run” and likely to finish out the five-season arc Amazon pitched back when it first secured the rights. Getting those rights and making the show has been pretty pricey for the company, and the first two seasons had a two-year release gap. At time of writing, the show’s third season doesn’t have a firm date beyond “sometime in 2026,” and some have generally wondered how much more life Rings of Power had left in it. Goldberg’s report also mentions a tradeoff to this five-season plan: for Rings of Power to live on, a spinoff that’d been planned for it has gotten axed. Major Prime Video shows like The Boys and Invincible have become small franchises unto themselves, and it makes sense the streamer would want to repeat that for its remaining big fantasy series. While Amazon may not get to build on Middle-earth after the show ends, Warner Bros. is determined to keep the Lord of the Rings train going with two new films: a Gollum prequel, and an interquel that also reunites the Hobbits after the events of Return of the King. [via IGN] Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who. #Amazon #Sticking #Rings #PowerJ.R.R. Tolkien,Lord of the Rings,Rings of Power Amazon Is Sticking With ‘Rings of Power’ to the End
There’s many uncertainties in this world, but apparently the future of Prime Video’s Lord of the Rings: The Rings of Power may not be one of them. According to a source speaking to The Ankler’s Lesley Goldberg, the show’s considered a “magical halo” by Amazon CEO Jeff Bezos. As such, it’s “proteced for its run” and likely to finish out the five-season arc Amazon pitched back when it first secured the rights. Getting those rights and making the show has been pretty pricey for the company, and the first two seasons had a two-year release gap. At time of writing, the show’s third season doesn’t have a firm date beyond “sometime in 2026,” and some have generally wondered how much more life Rings of Power had left in it. Goldberg’s report also mentions a tradeoff to this five-season plan: for Rings of Power to live on, a spinoff that’d been planned for it has gotten axed. Major Prime Video shows like The Boys and Invincible have become small franchises unto themselves, and it makes sense the streamer would want to repeat that for its remaining big fantasy series. While Amazon may not get to build on Middle-earth after the show ends, Warner Bros. is determined to keep the Lord of the Rings train going with two new films: a Gollum prequel, and an interquel that also reunites the Hobbits after the events of Return of the King. [via IGN] Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who. #Amazon #Sticking #Rings #PowerJ.R.R. Tolkien,Lord of the Rings,Rings of Power](https://gizmodo.com/app/uploads/2026/04/lotr-rings-of-power-hed-1280x853.jpg)




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