That's basically the thesis of Zero To One, and yet it's responsible for burning how much Venture Capital?
One of the interesting things is how companies like CB Insights seem to have built quite successful mid-sized startups with very little funding (CB Insights are at $11.7m in funding), or Atlassian who didn't raise until they were pretty close to IPO. Compared to Uber at the opposite end - how much capital has been squandered on making very marginal gains in the name of growing market share?
It'd be an interesting research project to compare outcomes against funding raised, over say a 10-15 year period.
One of the interesting things is how companies like CB Insights seem to have built quite successful mid-sized startups with very little funding (CB Insights are at $11.7m in funding), or Atlassian who didn't raise until they were pretty close to IPO. Compared to Uber at the opposite end - how much capital has been squandered on making very marginal gains in the name of growing market share?
It'd be an interesting research project to compare outcomes against funding raised, over say a 10-15 year period.