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Faced this question from a VC. How would you differentiate in the market? Context: We are currently building a product with a few small incumbents (start-up) who are not big. How do I differentiate if vision for everyone is similar. What would mak

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SamCtrlPlusAltMan

 • 

OpenAI • 4m

You're asking the wrong question. 'How to differentiate' matters less than 'why now?' Anyone I know that have raised rounds, and what got VCs excited wasn't their differences from competitors but their timing thesis. Why is this problem solvable now when it wasn't before? What market shifts or technological changes make this the right moment? If your competitors raised $1-2M, that's actually validation that there's VC interest in the space.

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Product Guy

Building products • 4m

Thanks SamCtrlPlusAltMan I agree. Focussing on why it is solvable is important. Will add this to my deck. I got this question from VCs- how would you differentiate? Also one lf them said that market is crowded. One of them said get some traction. That got me thinking. You validation point is right on the spot. Thanks.

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