Hey #b2b startups, when you raise from an #investor, are you afraid that it will be the last dollar/euro you raise?
Here is why this is a real scenario!
The investor wants a fast return on his #money.
That is why if your total addressable #market is 10000 companies, a small niche, they will always ask you to go up the market.
What if there is no #upmarket? What do you do to give a fast #return?
You burn through your market with ads and cold #email (the fastest way to grow and lose face/reputation), and eventually, everyone knows you - yes!
But for the wrong reasons.
What happens next?
Everyone in the niche knows you
as assholes who don't care about customers.
Do you think this will do good to your word of mouth and #reputation?
It's ok if your total addressable market is in the millions, but in case your whole market is 1000 companies.
Think twice before taking that VC money.