IDEAS
Sam提到了伟大的Startups 的几个要素:
1. Great Idea (创见)
2. Great Product (产品)
3. Great Team (团队)
4. Great Execution (执行)
TAKE TIME TO THINK HOW MARKET EVOLVE
You need a market that's going to be big in 10 years. Most investors are obsessed with the market size today, and they don't think at all about how the market is going to evolve.
当Sam 被问起如何判断增长的市场?
Sam:年轻人,相信你的直觉吧。
Another version of this, that would get down to the same idea, is Sequola's famous question.
WHY NOW
Why is this the project time for this particular idea and to start this particular company?
Why couldn't it have been done 2years ago?
Why will 2 years in the future be too late?
For the most successful startup we've been involved with greats ideas, great answers to this questions.
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