Mignano: Defining startups create massive markets rather than fitting pre-existing TAM
Mike Mignano · Michael Mignano: How I Founded Anchor; Why TikTok could be a $2 TRILLION Company | 20VC #923 · 20VC with Harry Stebbings · Sep 7, 2022 · at 10:57
Michael Mignano, Partner at Lightspeed Venture Partners and co-founder of Anchor, discusses why total addressable market size (TAM) is often a weak objection from investors.
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“The reality is all of the biggest markets were never as big as they were until the defining companies made them that way.”
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