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Should companies only be highly funded if they are similar to popular companies already making huge exits? Wouldn't this sort of be "missing the train"?

This comment should be upvoted a ton more.

If you're pitching your business as X for Y and X is still a massively unproven startup - you've missed the train.

Work on creating your own X - you want to be the market leader - its the only way to truly win in the consumer web.

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