Market environment, state of the ecosystem you depend on etc. determine your natural size
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Replying to @vgr @iSmashFizzle
It's not a biz norm to want to be a certain size. Anymore than it's a norm for elephants and mice to decide to be their sizes
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Replying to @vgr @iSmashFizzle
Reason 'get big fast' is a good heuristic is that businesses have size in *time* as well as space
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Replying to @vgr @iSmashFizzle
If the natural size of a biz is $ 1B and a lifespan of 10 years, you can't make $ growing at 1% YOY from a $100k base in Y1
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Replying to @vgr @iSmashFizzle
Best you can do is pick sectors where a) the natural size in space/time is about what you want b) the sector is stable
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Replying to @vgr @iSmashFizzle
If you pick wrong size, esp on the 'too small' end, there's always someone hungrier who will go right size and outcompete you
12:19 PM - 27 Sep 2016
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