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That type of logic is not inherently flawed, is it? Of course, you must also make a convincing case for getting to that 1%.
by vanviegen 1y ago
That type of logic is not inherently flawed, is it?
Of course, you must also make a convincing case for getting to that 1%.
- JumpCrisscross 1y ago> That type of logic is not inherently flawed, is it? Inherently, no. In practice, it's riddled with biases deep enough [1] to make it an informal fallacy. "The competition in a large market, such as CRM software, is very tough," and "there are power laws which mean that you have to rank surprisingly high to get 1% of a market" [2]. Strategically, it ignores the necessity of establishing a beachhead in a small market, where "a small software company" has "a much better chance of getting a decent sized chunk." [1] https://www.nature.com/articles/s41599-024-03403-9 https://www.nature.com/articles/s41599-024-03403-9 [2] https://news.ycombinator.com/item?id=45804756 https://news.ycombinator.com/item?id=45804756
- deleted 1y ago[deleted]