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This is obviously not the case, otherwise VC's would not analyze the business model or product at all when making investments. On the contrary, the particular idea and plan take on a large part of the investment thesis. In fact, the pairing of the team and the idea (can this idea be executed on by this team? do they have some unfair advantage in this area?) is an important factor as well.

In other words, what you're doing here is basically redefining pivot so as to be meaningless.




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