SpaceX / OAI / Anthropic have changed some investors' aperture for how they evaluate companies.
I've had 2 investors turn down an intro to (IMO) a really strong company, saying they only look at trillion dollar markets.
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SpaceX, OpenAI, and Anthropic trajectories inspired the criteria.
SpaceX / OAI / Anthropic have changed some investors' aperture for how they evaluate companies.
I've had 2 investors turn down an intro to (IMO) a really strong company, saying they only look at trillion dollar markets.
🫡
Positive users praise the idea that great companies create trillion-dollar markets while negative users criticize investors for hubris and unrealistic TAM expectations after AI successes.
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@gokulr If your TAM doesn’t include other plants what’s the point
SpaceX / OAI / Anthropic have changed some investors' aperture for how they evaluate companies.
I've had 2 investors turn down an intro to (IMO) a really strong company, saying they only look at trillion dollar markets.
🫡
@gokulr This is why at @BragsVentures we have strong conviction in Uber for dogs (where the dog is the driver) trillion dollar TAM, people love dogs and need to get places

@Trace_Cohen @gokulr We've always admired that gift of yours!

@gokulr Was space a trillion market before SpaceX?

@gokulr This is why we need @VCBrags

@gokulr A great company creates a trillion dollar market

@gokulr 100x’s are the new 10x’s but I’m cool with the 10x’s

@gokulr lol
i can almost guarantee they have no idea what a trillion dollar business looks like in its infancy today based on the sheer level of hubris

@gokulr Gokul- If that was the response for an intro made by YOU, imagine how they are responding to founders 😭. It made the investors in the non AI space have similar expectations. Frustrating even when the problem is serious and needs to be solved with respectable market size.

@gokulr buy low, sell high!

@gokulr Reason #225 why they wouldn’t beat the modified QQQs.

@gokulr Yep at pre/seed I can tell which will be worth at least $100B when pre product/rev

@VCBrags @gokulr @BragsVentures 🤣

@gokulr For every product: "Know thy Ideal Customer"

@gokulr 👀👀

@Trace_Cohen @gokulr Legend

@thogge @gokulr Yes. Nobody knew how to get there cost effectively, but it's been known for decades that the value was basically infinite once you got enough mass in Earth orbit.

@gokulr Totally makes sense. Every company should just add the $22.7T opportunity to their core TAM

@gokulr

@thogge @gokulr Seems like it's still pretty hand-wavey. Depends on one's definition of 'market' and how much evidence of actual demand you...demand