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Idea of the Day: Flop or Fantastic? 1. Billion-dollar startups are built on global markets! The best scenario for this is using "global by default" business models, which force you to create a global startup from the get-go—without excuses like "we decided to launch in our local market first" 😉. 2. Here’s one example of a "global by default" model for the massive travel industry. It’s not about the headache of organizing trips but about launching a marketplace with a potential audience of over 1 billion people. Although the startup operating on this model has so far gathered "only" 80,000 users. 3. Looking at the ratio of 80,000 to 1 billion, you might say it’s a flop because it has too few clients. Or you might say it’s fantastic because it has enormous growth potential 😉. Investors seem to believe the latter, having already poured $50 million into this model: https://fastfounder.ru/hrenovyj-ili-ohrenennyj/.
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