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by dschadd
2297 days ago
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That's what makes it unlikely VC will continue to finance growth commodity manufacturing companies. People are learning the only differentiation between these companies and older brands are slick copy, whitespace, and sleek colorways. |
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At no point in the past, and at no point in the future, will a VC be put off by the fact a business is just a thin, shiny new veneer over an old model. If there's profit to be had and a founder who can take it that is all VCs want.
This is a good thing. It's how markets work. If it ever became impossible to disrupt a market because VCs decided it was too boring the startup world would fall apart. No incumbent business should be allowed to rest. Innovation is everything, even when that "innovation" is just better marketing.