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Re:Questions VCs Will Ask and What They Mean by joshu on Monday January 17, 2011 @01:35PM (#2112955)
When I hear pitches by startups, I always despise the TAM slide. I'm more interested in markets that are too new to calculate.

I worry that VCs who ask what the size of the market is are looking for evidence where there isn't any.

Re:Questions VCs Will Ask and What They Mean by ecachette on Monday January 17, 2011 @02:29PM (#2113103)
"Start-ups CREATE markets" - Kai Huang
Re:Questions VCs Will Ask and What They Mean by tjmaxal on Monday January 17, 2011 @04:29PM (#2113532)
Need is infinite. All markets already exist and successful start ups just create products and services that capitalize on novel approaches to old problems. There are no blue oceans.
Re:Questions VCs Will Ask and What They Mean by nivertech on Monday January 17, 2011 @06:34PM (#2113891)
If you idea stage startup - don't put numbers on your slides!

VCs are better in numbers, than you.

Speak in narratives, not numbers.