The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: The Two Biggest Mistakes Every Founder Makes, Why Founders Are Not Ambitious Enough Today, Why Having a Narrow Target Customer is Dangerous & The Three Possible Outcomes in Company Building with Matthew Prince, Co-Founder @ Cloudflare

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

NOTE

The Importance of Balancing Vision and Starting Point in Startup Founding

Starting a company with a big vision but narrowing it down can be challenging. It's important to have a bigger vision in mind to avoid getting stuck in local minimums. While it's rare to start with a small idea and end up with a huge success, it's necessary to articulate that bigger vision. Presenting a big picture is crucial for fundraising, recruiting, and maintaining mental health. Founders should focus on understanding the problem they're solving while also showing progress and milestones towards their ultimate goal.

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