
How to win against well-funded competitors
Startup to Last
00:00
The Market Can Stay Irrational Longer Than You Can Remain Solvent
Stripe was valued at close to $100 billion, and they're still losing money. Can a bootstrapper or wait 12 years for this kind of equilibrium? The other interesting thing here is like the market that you're picking. Is it a one side winner take all market? I wouldn't want to be in Stripe's market.
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