These companies follow very different trajectory than classic high-tech ventures. First, they raise little round to build a single city high-margin unique/defensible product. Then they raise big bucks to go global.
It's not about terminology. Local-to-global is an important and a bit YC-neglected strategy to build a great company that changes the world.
These companies follow very different trajectory than classic high-tech ventures. First, they raise little round to build a single city high-margin unique/defensible product. Then they raise big bucks to go global.
It's not about terminology. Local-to-global is an important and a bit YC-neglected strategy to build a great company that changes the world.