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Perhaps this reflects what VCs want to see in your pitch (one of these), but an entrepreneur will hopefully not set out to "build a $100m business" but try to s
by lazyjones 8y ago
Perhaps this reflects what VCs want to see in your pitch (one of these), but an entrepreneur will hopefully not set out to "build a $100m business" but try to solve real problems.
Amazon gets > $500 from normal customers and > $2500 from Prime members per year according to Morgan Stanley, FWIW. Aiming for $10/user from ads is aiming too low (and was already shunned as a business model soon after 2000).
- manigandham 8y agoIt doesn't have to be a complete dichotomy. Knowing your market size and customer profile is a good thing, and often key to building a successful sales team.