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> ideas only resonate if there are competitors who've raised $X million

Is there a tactful way to point out that this metric optimizes for niches that already have very successful competitors? Of course you can be a successful newcomer in an established niche, but that's probably not going to happen if you go into that field solely because someone else made money there.



And just because they raised doesn't mean they're in a successful niche, just that they convinced people to write a check to invest...




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