Category King

topic on 1 show · 2 statements across 1 episodes

20VC

2 statements about Category King, every show

20VC Assertion Not checkable as stated
Maples: Category Kings Capture 80% of Total Market Profits
“If you're the king of a category, you change the way a customer spends their money, which is ultimately why category king gets 80% of the profits.”
Mike Maples Oct 10, 2016 ▶ 21:33 20VC: Floodgate's Mike Maples on What Makes Category Kings, What Most Venture Funds Do Wrong When Hiring & 'The Dance Of Product Market Fit'
20VC Insight
Maples: Category Kings Build Movements Beyond Employees and Customers
“Category kings are trying to create not just a company, but they're trying to create a movement. And they're trying to enlist people to their cause outside of even the employees of the company, and outside of even necessarily just the customers of the company.”
Mike Maples Oct 10, 2016 ▶ 21:13 20VC: Floodgate's Mike Maples on What Makes Category Kings, What Most Venture Funds Do Wrong When Hiring & 'The Dance Of Product Market Fit'

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