4 ms·
And what's up with "$300B industry"? It's like someone opening a deli and saying they are disrupting $X00 billion food industry.
by medius 11y ago
And what's up with "$300B industry"? It's like someone opening a deli and saying they are disrupting $X00 billion food industry.
- carterehsmith 11y agoYup, exactly :) VC approach to these silly "disruptive enterprises" is statistically sound: throw 1000 pieces of shit (disruptive enterprises) on the wall, see what sticks. 95% of them will just slide down; but they won't cost too much ("grow big or fail fast"), and some % might get some traction, and hopefully cover for the other 95%. This also works with books and movies and computer games etc, it is fun.