You are reading a single comment by @fidbod and its replies.
Click here to read the full conversation.
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
@fidbod
Ok so this is the way I am thinking about a possible investment. Its high risk and therefore needs to have the potential to deliver high rewards - to deliver those rewards you probably need to aim big.
If you stay conservative in your approach, the margins between delivering a viable business and failing are small,. Conversely if you go for the big vision "We are going to control 90% of the widget market" and the end result is you control 25% of the widget market, you haven't reached your goal but you have dleivered a viable business. So I think aiming big widens the range of non-failure outcomes for Microco.sm - beneficial for you and your investors.
The difficult bit is that if you aim big, the investment thesis has to be credible to grumpy due diligence professionals like me.
So if you can substantiate the big vision and show comparables / market research / whatever else that supports going big, I would do it.