Lots of entrepreneurs approach us addressing big market problems. Some are convinced they can redefine a category all together. But, is it best to be the first to market? Naturally the first has the first-mover advantage • the opportunity to understand and define market needs and early product implementations as well as manage the pace [...]
Posts by Clint Chao
(Editor’s note: Venture capitalist Clint Chao gives himself a litmus test each time an entrepreneur pitches him. Clint asks himself if he wants to be the entrepreneur’s VP of Sales. His most recent local investment, he says, made him almost jump for the position. We’ll have more on this investment later.)
Entrepreneurs get a lot of [...]
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