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How do you identify small but fast-growing markets? Is it a good/bad idea to found a startup in a market that is no longer saturated but also has big players (
by nabiha_zahra 10y ago
How do you identify small but fast-growing markets?
Is it a good/bad idea to found a startup in a market that is no longer saturated but also has big players (such as social media?
- sama 10y agoPredicting the future is hard. I don't have a great general answer for this, other than to look for highly engaged users. IE, when the iPhone came out, users loved it and used it all the time. Even though the market was small in absolute size, you could be confident it was going to grow quickly. It could be good or bad depending on details, but it's certainly not always bad.