3 ms·
The size of the problem is not at issue; the type of problem is. Many problems have a natural path from small to large scale. Some do not.
by absconditus 15y ago
The size of the problem is not at issue; the type of problem is. Many problems have a natural path from small to large scale. Some do not.
- phil 15y agoThat's certainly true. If you want to do something that requires 10s of millions of dollars to get off the ground, seed funding is not for you. Car and solar energy companies are great recent examples. Hugely capital intensive, and you'll note the pace of innovation is slower to match...
- tlb 15y agoI don't think there's any problem that doesn't benefit from being worked on by a small, focused, core team (what seed funding can cover) before scaling up. Step 1 in building an innovative business is never "hire 100 people".