Rapidly Growing Valuations Shouldn’t Scare You Off
Spearhead
Humans are bad at understanding exponential growth
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Reading Social Proof Is an Art Form
Spearhead
The ultimate social proof is a credible VC increasing their ownership
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Social Proof Is a Valid Signal
Spearhead
If every investor brings new information to the table
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Ask About the Metrics They’re Not Showing You
Spearhead
One weird trick to get the truth about metrics
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It’s Easy to Exaggerate Early Traction
Spearhead
Put yourself in the customer’s shoes instead of fixating on traction
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Everything Is a Proxy for Traction
Spearhead
The holy grail is explosive growth, stickiness and an ability to monetize
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Early Winners Don’t Always Make It to the Finish Line
Spearhead
Competitors can catch up while the market’s still small
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Invest in the First Credible Mover
Spearhead
Pick the right founder at the right time
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Monopolies Fall When Platforms Shift
Spearhead
Companies that fail to innovate will get displaced
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A Lot of Great Tech Businesses Are Natural Monopolies
Spearhead
Silicon Valley’s dirty secret
info_outlineTranscript: http://spearhead.co/social-proof