20VC: Are the Best CEOs the Best Fundraisers, Are the Best Founders Insiders or Outsiders to a Problem, Why Ownership Should Not Be a Focus in VC & The Biggest Lessons Scaling MongoDB to $26BN Market Cap with Kevin Ryan, Founder @ AlleyCorp
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Embrace Big Markets with Little Competition
Entering a large market with sparse competition is optimal for success as it enables companies to establish themselves firmly. The integration of AI into products by industry giants like Salesforce showcases how difficult it is for startups to compete against established companies. The preference for big markets with minimal competition is highlighted, as it allows for better chances of success and growth. Despite risks, targeting uncompetitive markets can lead to significant achievements and substantial company valuations.
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