Timing
If you're proposing to work on an idea that has killed every previous startup that tried it, the most important thing to explain to investors (and to figure out for yourself) is what killed them and why you're immune.
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Including someone tried and failed, to figure out another way to approach the same goal.
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Isn’t “bad timing” and/or “weak execution” an easy answer for why it failed? And isn’t it often true ?
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Weak execution is a handwave: what about their execution was weak, and how are you sure you'll be any better?
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How can we figure out that we are really immune and not just dreaming? I'm more interested in the thinking process.
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Best example -
#Bitcoin
What killed its predecessors ? - Double spending problem
How it's immune ? - Proof of work (Mining)
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I am
@elonmusk is a pretty good answer -
and this time we use re-usable rockets to launch the satellite network
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What examples of this do you have in mind?
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I will simply refuse to die. I do what is most important to me. My passionate userbase will never fall below one. Therefore I will always be motivated.
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