5 ms·
If there's no product/market fit, too much capital is a death sentence. If they don't go out of business in a giant explosion, NewTV surely won't build anything
by owens99 8y ago
If there's no product/market fit, too much capital is a death sentence. If they don't go out of business in a giant explosion, NewTV surely won't build anything innovative or disrupt anyone. Too much pressure and too many expectations at the wrong time/place.
- conductr 8y agoProduct is all that matters. And I'm not talking about the app. If they spend that cash generating quality video content, it is proven people will talk about it and will pay a subscription. So I think this investment speaks to the confidence that this guy can execute on this vision and that the market is receptive to this format, which it will be if done right. Also, if modestly successful there are plenty of Big's who would acquire. Knowing nothing of the players and how they execute, this actually passes the sniff test more than most and I'd say it sounds like it could be a winner.