Answer Question
Why do professional investors all hate the "If we only capture 1% of the market..." line?
I've been watching Shark Tank and it seems like the sharks always react negatively to this line! And yet, they say they want to know the size of the market. Most pitch advice I've heard including from a16z says you need to include specifics about market size. What is so wrong with the "if we only capture 1%...." of a big market pitch???