Saved by Mo Shafieeha
Thinking About Thinking
Sam Altman explains why “how big is your market?” is a terrible question for investors to ask
“The question that investors usually ask is: ‘How big is your market?’ I think this is a terrible question. You would never ask a startup, ‘How big is your current revenue?’ and make your investment decision based off of that.... See more
Startup Archivex.com
One of the biggest missed opportunities I see in pitches is the "Market Size" slide.
Typically, the entrepreneur throws out a multi-billion dollar number designed to convince the VC there's a $100M+ revenue opportunity for their startup. 1/9
Joe Flahertyx.comThe final question is whether "TAM dreaming" can translate into dollars and cents in terms of valuation and execution. Forecasts have only one thing in common; they're all wrong. But appreciating directional size for a market can impact the equation.