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It's odd that there's no pushback on that statement versus reality. Does he really think that some of these developer tools startups, sous vide cookers, or glas
by CPLX 9y ago
It's odd that there's no pushback on that statement versus reality. Does he really think that some of these developer tools startups, sous vide cookers, or glass of wine in the mail every month type companies are headed to eleven figure valuations?
- imjk 9y agoI think the answer to that is yes, in terms of potential. The global wine market from just the quickest Google search seems to be north of $300B. The cooking appliances market is massive as well.
- sharemywin 9y agoBut, every niche is part of a bigger market.
- CPLX 9y agoSure and the global food market is even bigger, but that doesn't make me want to fund a hot dog cart. I mean they literally funded a company that opens bottles of wine and sells it by the glass through the mail. It's hard to reconcile that behavior with his stated investment approach is all I am saying.
- sharemywin 9y agoHow about a robot hot dog cart you just drop off and it makes people's dogs? Stealing - locks, cameras, alarms.