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
See More
Anonymous 1
StealthĀ ā¢Ā 8m
Investors passed on Airbnb because they couldn't build conviction on the TAM xD
Pinterest founder Ben Silbermann on the 3 lessons he learned about raising venture capital
Every founder hears no. Some get discouraged. The smart ones?
They turn rejection into an advantage.
After facing countless rejections, Ben learned three g
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
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
Should a startup idea always focus on capturing the entire TAM?
4 replies1 like
Purnendu Mukherjee
Ā ā¢Ā
EduKareĀ ā¢Ā 1m
Startup Survival Story - 1
Airbnb: Turning Rejection into Opportunity
When Brian Chesky, Joe Gebbia, and Nathan Blecharczyk founded Airbnb, they struggled to find investors. They were rejected by more than 20 venture capitalists. To survive, they s
Brian Chesky explains how Airbnb solved the chicken-and-egg problem
Marketplaces are tough to build. No buyers, no sellers. No sellers, no buyers.
This problem almost killed Airbnb. Homeowners wouldnāt list their homes because no one was booking. T
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
Mohammed Noor G
StealthĀ ā¢Ā 1m
Startups these days:
Use our product, and weāll throw in a giveaway! Because why build loyalty when freebies do the trick?
P.S. Money speaks to investors...
#Startup #Marketing #Giveaway