Ten-Bagger

Biological Parallel

Adaptive radiations produce ten-bagger species—single lineages that explode into dozens of forms. Darwin's finches arrived in Galápagos as one species and radiated into 15+ species filling every available niche. This 10x+ diversification happened in mere millennia because ecological opportunity (empty niches) met evolvability (beak plasticity). Lynch's ten-bagger concept mirrors this: companies that find unexploited market niches with scalable advantages can achieve 10x+ growth through market expansion, not incremental improvement.