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Ben
@benersing
https://frame.weponder.io/api/polls/24289
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๐ถ๏ธ ZACH HARRIS ๐ฟ
@zachharris.eth
Sometimes self funding organically - while it make sense on a theoretical level - requires a ton of patience and opportunity cost, plus the stomach for the downside risk of allowing a passing market (ie. Not capitalizing on the market dynamics fast enough) before a window fades.
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Ben
@benersing
I get the cognitive bias towards capital but if the market passes, was there ever a sustainable business to be built?
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๐ถ๏ธ ZACH HARRIS ๐ฟ
@zachharris.eth
Well, there are evergreen markets and there are ephemeral ones. Some businesses are not sustainable, but about capturing enough market share before the opportunity passes. Depends on the time horizon and your goals around sustainability I guess.
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Ben
@benersing
Whatโs an example of an ephemeral market where investor capital is needed that doesnโt end in quickly dumping on retail b/c there never was a real business to begin with?
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