IMO long-term projections at seed stage are a cargo cult practice: ppl do them because "that's how things are done." But there's little value in such projections. How can you predict revenue in 5 yrs if you don't know what your product, pricing, or distribution strategy will be?https://twitter.com/dave_christison/status/1029952489418702848 …
Replying to @lpolovets
We never used growth estimates or TAM. Our pitch basically said, “to reach $100mm/yr in revenue we would have to do x. Currently we’re doing y. Do you really think reaching x would be that crazy?” Reframed the “market size” question to get at the true root of the issue.
10:55 PM - 15 Aug 2018
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