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Pradeep Paliwal

Stealth • 3m

Startup is one which helps in solving the problems of the market or public. Like Ola, Zomato, all these have made our work easy. Therefore for startup we need to understand the market problem or find its solution.

Chandranth Laha

Stealth • 3m

Simply identifying a market problem and finding a solution isn't enough. It's crucial to assess the market size, determine the Total Addressable Market (TAM), and understand whether potential users are willing to pay for your product or service. These factors are essential to evaluate before starting to build a startup around an idea.

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Interestingly, during their IPO, major tech companies typically captured only 0.1% to 2% of their addressable market. So, if you're raising funds, avoid bluntly claiming that you can easily capture 30-40%.

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