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
Hey I am on Medialย โขย 1y
Also I fell often corporates arenโt connected to the ground reality of the field
The fact that most of the startups fail is because they over fantasize about their idea ๐ก& future, because of that they ignore the ground reality . It shows the biase mentality towards the own perspective of the world ๐ :)
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