Disintermediator

Most start-ups do a pivot and when they do they usually define their new product and market opportunity in the context of what investors want to hear.

Is it a billion dollar market? Is it a game changer? etc

Well fuck that.

My advice to founders is to just do what you want and you will make it work if your hypothesis is right enough and you have the requisite skills and knowledge.

It’s more important to love your company and the journey than it is to have excess capital to build the next multi-billion dollar disintermediator.

My guess; the guys that just follow their own passion are far more likely to create the billion dollar baby anyway, despite the extra handicaps they may have in getting funded.