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by medius 3736 days ago
And what's up with "$300B industry"? It's like someone opening a deli and saying they are disrupting $X00 billion food industry.
1 comments

Yup, exactly :)

VC approach to these silly "disruptive enterprises" is statistically sound: throw 1000 pieces of shit (disruptive enterprises) on the wall, see what sticks. 95% of them will just slide down; but they won't cost too much ("grow big or fail fast"), and some % might get some traction, and hopefully cover for the other 95%.

This also works with books and movies and computer games etc, it is fun.