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LARGE MARKETS Address existing markets poised for rapid growth or change. A market on the path to a $1B potential allows for error and time for real margins to
by hcarvalhoalves 14y ago
LARGE MARKETS
Address existing markets poised for rapid growth or change. A market on the path to a $1B potential allows for error and time for real margins to develop.
RICH CUSTOMERS
Target customers who will move fast and pay a premium for a unique offering.
Sure, I too would love to invest only on huge markets composed only by the world's 1%.
- waterlesscloud 14y agoINFERNO Start with only a little money. It forces discipline and focus. A huge market with customers yearning for a product developed by great engineers requires very little firepower. So why does it require large vc firms?
- dm8 14y agoMajority of Sequoia companies become billion dollar businesses and sequoia invests few million in them. In fact for companies like Yahoo it started with few hundred thousands. So what they are saying is not wrong.
- uams 14y agoIf you can do a lot with a little, imagine what you can do when given a lot.