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> He's competing to capture pieces of a finite pie this is an odd way to describe investing. this would more accurately describe the founders themselves, compe
by leetcrew 6y ago
> He's competing to capture pieces of a finite pie
this is an odd way to describe investing. this would more accurately describe the founders themselves, competing for a finite pool of VC dollars without necessarily having a viable product.
- walleeee 6y agoGood point. I meant it in the sense that anyone marketing a product is competing for a finite pool of consumer dollars.
- leetcrew 6y agoFWIW, I agree with the rest of your post. while I enjoy some of PG's posts, he often makes the classic mistake of presuming that expertise in one specific area makes his opinion on other topics relevant.