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Hey PG, we've built a product similar to a product you have already funded. Whats your policy on issuing funding to a similar services, albeit marginally.
by samosman 18y ago
Hey
PG, we've built a product similar to a product you have already funded. Whats your policy on issuing funding to a similar services, albeit marginally.
- pg 18y agoIt usually doesn't turn out to be a problem, because even when startups are doing something similar, they're rarely doing exactly the same thing.
- ivankirigin 18y agoI was meeting with some guys that funded both XM and Sirius. Others were confused why they invested in both, in a space with only two real players. Their logic was clear: we will be invested in the winner. It paid off greatly.