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Vishu Bheda

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Medial • 9m

𝗠𝗮𝗿𝗰 𝗔𝗻𝗱𝗿𝗲𝗲𝘀𝘀𝗲𝗻 𝗼𝗻 𝘁𝗵𝗲 #𝟭 𝗥𝗲𝗮𝘀𝗼𝗻 𝗦𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝗙𝗮𝗶𝗹 (𝗔𝗻𝗱 𝗛𝗼𝘄 𝘁𝗼 𝗔𝘃𝗼𝗶𝗱 𝗜𝘁) Marc Andreessen, the legendary investor and co-founder of a16z, once said: "𝐓𝐡𝐞 𝐠𝐫𝐞𝐚𝐭 𝐟𝐨𝐮𝐧𝐝𝐞𝐫𝐬 𝐚𝐥𝐦𝐨𝐬𝐭 𝐚𝐥𝐰𝐚𝐲𝐬 𝐟𝐞𝐞𝐥 𝐥𝐢𝐤𝐞 𝐭𝐡𝐞𝐲’𝐫𝐞 𝐭𝐨𝐨 𝐥𝐚𝐭𝐞, 𝐚𝐧𝐝 𝐲𝐨𝐮’𝐫𝐞 𝐚𝐥𝐦𝐨𝐬𝐭 𝐚𝐥𝐰𝐚𝐲𝐬 𝐭𝐨𝐨 𝐞𝐚𝐫𝐥𝐲." Most startups don’t fail because their ideas are bad. 𝐓𝐡𝐞𝐲 𝐟𝐚𝐢𝐥 𝐛𝐞𝐜𝐚𝐮𝐬𝐞 𝐭𝐡𝐞 𝐰𝐨𝐫𝐥𝐝 𝐢𝐬𝐧’𝐭 𝐫𝐞𝐚𝐝𝐲 𝐟𝐨𝐫 𝐭𝐡𝐞𝐦. Think about it: 𝗚𝗲𝗻𝗲𝗿𝗮𝗹 𝗠𝗮𝗴𝗶𝗰 tried to build the iPhone in the 90s—too early. 𝗪𝗲𝗯𝘃𝗮𝗻 had Instacart’s model but launched before people trusted online grocery shopping. 𝗦𝗶𝘅𝗗𝗲𝗴𝗿𝗲𝗲𝘀 was Facebook before Facebook, but social media wasn’t mainstream yet. The truth is, 𝐭𝐢𝐦𝐢𝐧𝐠 𝐦𝐚𝐭𝐭𝐞𝐫𝐬 𝐦𝐨𝐫𝐞 𝐭𝐡𝐚𝐧 𝐭𝐡𝐞 𝐢𝐝𝐞𝐚 𝐢𝐭𝐬𝐞𝐥𝐟. 𝗛𝗼𝘄 𝗗𝗼 𝗬𝗼𝘂 𝗞𝗻𝗼𝘄 𝗜𝗳 𝗬𝗼𝘂𝗿 𝗦𝘁𝗮𝗿𝘁𝘂𝗽 𝗜𝘀 𝗧𝗼𝗼 𝗘𝗮𝗿𝗹𝘆? Andreessen shares a simple test: Look at 𝐰𝐡𝐚𝐭 𝐟𝐚𝐢𝐥𝐞𝐝 𝟑-𝟒 𝐲𝐞𝐚𝐫𝐬 𝐚𝐠𝐨. If a startup with your idea shut down but showed promise, the market might be ready now. Why? •Technology improves. •Consumer habits change. •The mistakes of past startups provide a roadmap. 𝐖𝐢𝐧𝐧𝐢𝐧𝐠 𝐬𝐭𝐚𝐫𝐭𝐮𝐩𝐬 𝐚𝐫𝐞𝐧’𝐭 𝐭𝐡𝐞 𝐟𝐢𝐫𝐬𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐭𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞. 𝐓𝐡𝐞𝐲’𝐫𝐞 𝐭𝐡𝐞 𝐟𝐢𝐫𝐬𝐭 𝐭𝐨 𝐦𝐚𝐤𝐞 𝐢𝐭 𝐰𝐨𝐫𝐤. So before you start building, ask yourself: Is the world ready for this now? I hope you've found this helpful. Follow Vishu Bheda for more valuable startup insights from the world's best founders and investors!

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𝗜𝗻 𝘁𝗵𝗲 𝟭𝟵𝟵𝟬𝘀, 𝗧𝗖𝗦 𝘄𝗮𝘀 𝗱𝗼𝗶𝗻𝗴 𝘀𝗼𝗺𝗲𝘁𝗵𝗶𝗻𝗴 𝗿𝗲𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝗮𝗿𝘆. They were offering 𝐛𝐚𝐧𝐤𝐬 𝐚𝐧𝐝 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐢𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐬 a model where: 𝐓𝐂𝐒 𝐨𝐰𝐧𝐞𝐝 𝐭𝐡𝐞 𝐬𝐞𝐫𝐯𝐞𝐫𝐬 Clients 𝐩𝐚𝐢�

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