Why do most new startup focuses on solving problem for tire 1 cities? This is the question I had for very long time. In past few years I've come across many new startups that solves problem for tire 1 cities. Why is it? But of course it has reasons to it, investor/stake holders advice to release in tire 1 first later 2 and 3. But things changing now for example meesho for retailers, GPay, PhonePe and others for payment services. Tire 2 and 3 has large user base and if cracked proplerly revenue also be generate simultaneously. And yes I've come across many startups for tire 2 & 3 cities but all those had taken many years to release or unrecognizable to the world. Why so? Your thoughts?
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