Quote of the day by OpenAI CEO Sam Altman: "I prefer to invest in a company that's going after…" - startup lesson explains why the biggest opportunity is not always found in the biggest market
Sam Altman advises focusing on small, fast-growing markets over large, slow ones. Growth creates momentum, making it easier to acquire new customers. Current size is a snapshot, while growth rate indicates future potential. Established markets often have dominant players and limited room for newcomers. This principle applies broadly, extending beyond startup investments.
Sam Altman advises focusing on small, fast-growing markets over large, slow ones. Growth creates momentum, making it easier to acquire new customers. Current size is a snapshot, while growth rate indicates future potential. Established markets often have dominant players and limited room for newcomers. This principle applies broadly, extending beyond startup investments.
