Jason Voorhees
๐ธ๐๐๐๐๐๐๐๐ ๐ฎ๐๐๐ โข ๐๐๐๐๐ฅ
- Joined
- May 15, 2020
- Posts
- 88,823
- Reputation
- 266,553
If you are building something that feels "too big" or "too crazy" or too ambitious for your local market and nobody is entertaining your idea. Then you need it is time to look toward the United States of America.
In Europe and East Asia. The VCs go for preservation and incremental gains, the American venture ecosystem is completely different. IThe US VCs runs on Power Law. Go big or Go home. They don't care about the fact that 90% of startups fail. They already know about it but still go in anyway
They don't want a 10% improvement or muh incremental returns, they want a 10x disruption and moonshot that changes the industry. Moonshot or the crater on the ground no in betweens. Silicone valley was literally built on this philosophy
The biggest companies in the world. Google, Microsoft, Apple, Nvidia built by people who weren't afraid to risk their everything on a single bet. On the brink of bankruptcy but still took the gamble. From the "Traitorous Eight" who founded Fairchild Semiconductor to the early days of the internet, the US has always rewarded the audacity to fail. And even if you fail its treated like a badge of honor in silicon valley. All cash-burning nightmares that European banks would have laughed at who is laughing now.
Sequoia Capital, Andreessen Horowitz, and Y Combinator explicitly look for Massive TAM (Total Addressable Market) and category creation not optimization and small wins. They don't want millionaires they want billionaires. Americans firms made almost 3x more money than all European firms combined. US is the world's largest venture capital market. $274 billion dollars compared to $21 billion of Europe and $12 of Asia Pacific. They play in a different league entirely.
American VCs have the deepest pockets, all the risk tolerance in the world for the high burn, high growth phases if the potential market capture is massive.
Nobody asks you about the current P&L statements in the US, they care more about your 10-year vision.
But your competition is also insane. Stanford/MIT grads, Ex-Google / Meta engineers, serial founders with exist already under the belt. US doesn't want lukewarm and mediocrity, do you have the balls, wits and the faith in your idea to lock horns with the smartest people in the world. and come out on top. If you do the US is waiting for you to come
In Europe and East Asia. The VCs go for preservation and incremental gains, the American venture ecosystem is completely different. IThe US VCs runs on Power Law. Go big or Go home. They don't care about the fact that 90% of startups fail. They already know about it but still go in anyway
They don't want a 10% improvement or muh incremental returns, they want a 10x disruption and moonshot that changes the industry. Moonshot or the crater on the ground no in betweens. Silicone valley was literally built on this philosophy
The biggest companies in the world. Google, Microsoft, Apple, Nvidia built by people who weren't afraid to risk their everything on a single bet. On the brink of bankruptcy but still took the gamble. From the "Traitorous Eight" who founded Fairchild Semiconductor to the early days of the internet, the US has always rewarded the audacity to fail. And even if you fail its treated like a badge of honor in silicon valley. All cash-burning nightmares that European banks would have laughed at who is laughing now.
Sequoia Capital, Andreessen Horowitz, and Y Combinator explicitly look for Massive TAM (Total Addressable Market) and category creation not optimization and small wins. They don't want millionaires they want billionaires. Americans firms made almost 3x more money than all European firms combined. US is the world's largest venture capital market. $274 billion dollars compared to $21 billion of Europe and $12 of Asia Pacific. They play in a different league entirely.
American VCs have the deepest pockets, all the risk tolerance in the world for the high burn, high growth phases if the potential market capture is massive.
Nobody asks you about the current P&L statements in the US, they care more about your 10-year vision.
But your competition is also insane. Stanford/MIT grads, Ex-Google / Meta engineers, serial founders with exist already under the belt. US doesn't want lukewarm and mediocrity, do you have the balls, wits and the faith in your idea to lock horns with the smartest people in the world. and come out on top. If you do the US is waiting for you to come
Last edited:
people who profit in this field are already the top percentile, but America really raises the bar.
