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Michael Seibel – Lessons from Thousands of Startups - [Invest Like the Best, EP.190]
Invest Like the Best with Patrick O'Shaughnessy
What's Brave About Vertical Sass Solutions?
Spencer: There are different kinds of bravery. I actually think that going after a vertical is very brave, because investors will tell you, square is got it sewn up. But what i'll keen on more is the bit about solving problems that can be intimidating to solve,. where solutions are not necessarily obvious. We have this company that went through ice a couple of years ago named promise and two founders whose statit goal was to reduce mass incarceration in america. They were so powerful that they'd literally everyone says, oh, gove, teck, it's impossible. Soled the government. And started gettng their sawfur employed....
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