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Investors who missed out on great products aren’t to be sneered at. Indeed, Airbnb of year 2008 would’ve looked like merely a toy to most people — something tha
by sungmoon 11y ago
Investors who missed out on great products aren’t to be sneered at. Indeed, Airbnb of year 2008 would’ve looked like merely a toy to most people — something that in no way could become huge. There were too many risks. Even if it grew, it still seemed would not be anything to write home about. That's why people who invest in toy-like products are usually family or friends of the founders. I wrote a blog post about this.
https://medium.com/@sungmoon/the-next-big-thing-53ae218c4b6d https://medium.com/@sungmoon/the-next-big-thing-53ae218c4b6d