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New markets shouldn't be a problem for VCs. They're used to the idea of startups moving into markets that didn't have startups before. They have a bit of inert
by pg 13y ago
New markets shouldn't be a problem for VCs. They're used to the idea of startups moving into markets that didn't have startups before. They have a bit of inertia, like anyone does, but on the whole they're probably more open to having their minds changed than most people, if only because any experienced VC has seen a bunch of apparently crazy ideas turn out to be good.