Why so much emphasis on TAM?
This is why..
TAM's Importance for Founders:
1. Market assessment baseline
2. Investor communication tool
3. Business planning guide
4. Strategic thinking catalyst
5. Growth opportunity identifier
6. Adaptability promo
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Anonymous 1
StealthĀ ā¢Ā 4m
Investors passed on Airbnb because they couldn't build conviction on the TAM xD
Airbnb, now worth ~$100 billion, was rejected by 7 investors in 2007.
Not because it was a bad idea, but because VCs reject 99% of startups.
Lesson: If ALL your plans depend on VC funding rather than customer funding, you are already fighting 99% f
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7 replies7 likes
DIVYANSHU MHATRE
StealthĀ ā¢Ā 5m
In the early days of Airbnb, founders Brian Chesky, Joe Gebbia, and Nathan Blecharczyk struggled to find investors. They tried to raise $150,000 for 10% of the company but faced many rejections. Despite pitching to several prominent investors, no one
An investor gave me this reply can anyone explain what he wanted to say
āAfter completing our work on the opportunity, we have decided not to participate in your current round. We are thoroughly impressed with the progress youāve achieved and the qu
I couldn't think how good anonymity can be until I saw it working here. But still, it's largely because of the moderators on this platform; otherwise, you could witness its misuse on a hunch.
4 replies12 likes
Startup Savvy
StealthĀ ā¢Ā 6m
The Most Important thing in Business is Trust
Your Employees, Investors, Shareholders, Supplierers, Customers should have trust on you
So you should try very hard to reap your trust in them
Because Trust takes years to build and seconds to destroy
2 replies3 likes
Rahul Tailor
StealthĀ ā¢Ā 7m
Why Airbnb is not making much profit from India being a such good concept. What are the problem that Airbnb facing currently in India and why the convenience fees is so high and high taxes also. Why I never see any ad from Airbnb on any platform or c
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8 replies18 likes
Jaswanth Jegan
StealthĀ ā¢Ā 5m
Elon Musk wins Tesla shareholder approval for $56 billion pay package.
The approval underscores the support that Musk enjoys from Tesla's retail investor base. The proposal passed despite opposition from some large institutional investors and proxy
Do you know why Airbnb does not have the lowest price to higher price sorting on their website/app?
Do they want people to stay in expensive hotels/ houses?
(Ps: Typing error corrected!)