market size

“Just as I don't know how to do 10 things that the VP of engineering at a company does, I've now long since recognized that most entrepreneurs calculate Can't calculate the market size, and their estimates are invariably wrong.”

“If someone says to me, it's a thirty million dollar market right now, expanding at a hundred percent, I'm intrigued. If someone says to me, it's always going to be a thirty million dollar marketplace, I got to turn it down.”

“You start off with a relatively small market because you need to be able to win in a market that you can dominate. And then what you find is that market expands as you see in more and more use cases for your product. And then you have the best of both worlds i…”

“The lesson there is value is important, but market size, market leadership, and company traction are far more important and far harder to assess. Therefore, you've really got to weight your ability to assess them and your certainty and your conviction around t…”

“The way we think of it is, is really about the neighborhood. And what I mean by that is, is there a special team with a tiny toehold that Of value to the user with immediate ROI that they can get wins with, that they can continue to raise capital on, and do th…”

“Markets are all pretty big now, and I don't really care about market size as much as if this business has a natural path or some, not even natural, but the founders and the team are thinking about how it expands over time and where they see it going. I feel li…”

“We do talk about market size, but we surely don't think it's the most important thing at a Series A.”

“It doesn't mean that we want or expect to have clarity on the market size by the time we invest. I think we've learned like many other investors that it's really, really hard to predict a market size”

“I think if you have a great team in a really, really bad market, there is a good chance that they will still turn it into like some decent level of success, or maybe they can pivot into a better market. So I think the team is the more important factor of the t…”

“I weight market third on the three that you asked me about because I just think it's the hardest one to assess and predict for myself, and I think when you look at the investments you just described and some of the very great ones, that was true for those inve…”

“We don't talk about or look at market size at all, unless it's sometimes there's a, you know, a confirmation that it's a small market.”

“I've already told you why I think people are more important than everything for one, and I think that some of the biggest mistakes I've made as an investor is when I've ignored traction because I've had reservations about the market. Traction is so hard to man…”