You don’t need a huge target market
One of the main things that VCs are looking for is a huge target market, usually at least $1 billion, that you can address through your startup. The reason for this is simple: VCs invest in multiple startups with the understanding that some of them will fail, some of them will not grow very much, and a couple will make it big.
Given the fact that VCs need to provide returns to their investors that are far better than the stock market to justify their worth, they need those few winners to make it very big. As a result, VC funds look for startups to invest in that can “ return their fund .”
4
26 reads
CURATED FROM
The Startup Rules You Should Break If You Don’t Have VC Investors
entrepreneurshandbook.co
10 ideas
·317 reads
IDEAS CURATED BY
🙋🏻♀️ owner, bayareafirstaid.mykajabi.com 🐈⬛ catmomma 💤 probably sleeping 🏆 (participation) trophy wife ☕️ in lieu of awkward conversations ⬇️
The idea is part of this collection:
Learn more about startup with this collection
How to start a successful business
How to build a strong team
How to market your business
Related collections
Similar ideas to You don’t need a huge target market
You don’t need a team
As a solo founder, I started off by breaking one of the cardinal VC rules that says you can’t build a successful startup on your own. Never mind the research that says solo-founded companies ar...
Betting on a hot stock isn't worth it
Despite news headlines on life-changing investments on one stock item like GameStop, it is too risky to make short-term bets with sizable sums of money on what a stock is going to do next. Instead, some of the most respected investors in the world have long said the best ...
Stoic Path To Wealth: Grow Money
Stoic investors make smart, balanced bets. Most of us invest in secure funds with low returns. Investors looking at bigger returns opt for index funds. If you are okay with losing money, that does not mean that you should.
The 90/10 investing thumb rule states that we should put 90 percent...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates