It would be better if investors gave no reason when they turned cos down than their usual "it's not you, it's me" reasons.
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Example of a startup in (what was) a crowded market: Google. Example of a startup with low margins: Amazon.
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Your advice appears to be based exclusively on survivorship bias. Being in a crowded market does not transform you into Google.
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Was that what I meant?
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You say "crowded market" is a "bogus rejection" and present Google as evidence; argument is only valid if Goog success was related to market
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No. To work as a counterexample, all Google has to do is succeed despite being in a crowded market.
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You're really saying Google's success despite being in a crowded market means that ALL investor criticism based on crowded markets is bogus?
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No, specifically that rejecting a company for being in a crowded market is. That being how counterexamples work.
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Respectfully, no it's not. Just having a counterexample doesn't invalidate a belief. After all, there are counterexamples to everything!
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Do you think it's meaningful if a lot of investor rejections cite overlapping rejection reasons? E.g. numerous VCs cite low margin concerns.
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It doesn't mean much. When looking for an excuse they'll tend to go for the most obvious one.
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How often is the “most obvious” reason the REAL reason? Serious question.
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Almost never. For most investors the real reason is that not enough other investors want to invest.
End of conversation
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It's more about founder vision, determination than crowded market
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I find the 'too soon' reason to be the worst. Lost a lot of time explaining the ambiguous language of investors and why they don't say no.
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I tired few investor they said it's crowded market. Now I am putting my own money. I got rejection from everywhere but I will be successful
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Applies to dating too...
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I saw opportunity in crowded market no other can see because I faced that issue by myself and then test the market and got positive result
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Incidentally, this also applies to interviewing
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True. I posted (cited) this and discussed in my snap acct (ARABIC). My audience loving your ideas. Sadly language remains to be a barrier.
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