Corporates take big risks and have money. Then why startups exist?
1. Corporates hate UNCERTAINTY: They take risk by building scenarios & models, so avoids whats uncertain
2. Less data: Before AirBnB they cudnt model market size of ppl renting beds
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Sarath Tallam
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Also I fell often corporates aren’t connected to the ground reality of the field
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Corporates take big risks and have money. Then why startups exist?
1. Corporates hate UNCERTAINTY: They take risk by building scenarios & models, so avoids whats uncertain
2. Less data: Before AirBnB they cudnt model market size of ppl renting beds