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This in an incredibly valuable Twitter thread. As an entrepreneur, you have to decide very carefully about the market you want to conquer. Or, in the words of S
by pabe 6y ago
This in an incredibly valuable Twitter thread. As an entrepreneur, you have to decide very carefully about the market you want to conquer. Or, in the words of Sun Tzu: "If a battle can't be won, don't fight it." - For companies backed by big VCs, money basically does not exist. They can spend ten dollars to earn one as long as the story of building a leading brand can be told. Vanity metrics play an important role here. The primary target is to go public to cash out. There is _no way_ winning against such a player if you're not backed the same way.