Kickstart portfolio company went from three to 15 competitors in seven months
Matt Smith · Matt Smith from Kickstart on Early-Stage Investing in the Mountain States · May 21, 2025 · at 15:20
Matt Smith, Principal at Kickstart, explains how AI has accelerated competitive cycles by sharing an example from Kickstart's portfolio.
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“Like there's a company that I invested in last summer, and we knew it that it would be more of a land grab, kind of a, like a race type of opportunity for the company. I think they had two or three formidable competitors when we made the investment. We picked this team because we liked them. We liked some signs of what they were building. But in seven months, we were just trying to, walking through this as a board. There's probably like 15 or so competitors, right?”
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