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Yes -- I think my use of the term "red-hot" was misleading -- in my post I meant "huge and growing". Agree with second point also -- big markets often get a lo
by pmarca 19y ago
Yes -- I think my use of the term "red-hot" was misleading -- in my post I meant "huge and growing".
Agree with second point also -- big markets often get a lot bigger, and provide a lot of opportunity to new entrants. And sometimes they're heavily hyped along the way.