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It may go without saying, but potential market has a lot to do with it as well. A company like Uber is entering a huge transportation market; Airbnb a huge lod
by ssharp 12y ago
It may go without saying, but potential market has a lot to do with it as well.
A company like Uber is entering a huge transportation market; Airbnb a huge lodging market. They can be big fish in big ponds. I think there are lots of YC companies in smaller ponds.
- ecuzzillo 12y agoOnly those with the very wildest imaginations (which happened to include PG and the founders) realized that Airbnb was entering a huge lodging market. Most thought it was just dumb to think many people would want to stay in other people's apartments. See http://paulgraham.com/airbnb.html http://paulgraham.com/airbnb.html