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If your model and base are international, you're overreaching. All startups have to start small and evolve from there. Once you prove your ideas in one market,
by true_religion 14y ago
If your model and base are international, you're overreaching.
All startups have to start small and evolve from there. Once you prove your ideas in one market, its easier to duplicate your success in others.
I would not advice a startup to take a lot of funding, then attack the international market initially.
That kind of pre-mature scaling is reminiscent of Webvan.
- Tloewald 14y agoInternational might include not in the US.
- true_religion 14y agoI presumed you meant international as in more than their home-base nation whatever it may be. I think it's possible to start a Paypal competitor for just Germany, then grow from there. But it'd be far more difficult to start a Paypal competitor that targets all of the EU.