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To me, this is extremely relevant for investors in a startup who need to determine if established demand is generalizable.
by seizethecheese 13y ago
To me, this is extremely relevant for investors in a startup who need to determine if established demand is generalizable.
- brandnewlow 13y agoWell-said. I've heard that one of the main reasons Sequoia invested in Airbnb was because they looked at what they were doing at the time, helping people rent out air mattresses in their apartments, and felt it could be generalized out to renting houses, apartments, and all kinds of spaces.
- rgbrgb 12y agoYep, there's a different strange set of rules for raising VC.