The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why VC is a Ponzi Scheme Today | Why Most VCs are Bankers | Why Big VCs Ruin Startups | Why Incentives in VC are Broken | Why American Dynamism is a Tool for VCs to Raise Money with Nick Chirls, Asylum Ventures
Nick Chirls
If you had done the TAM analysis there, you would have found the global TAM for Bison Trails was probably a couple hundred thousand dollars a year. If they got 100% market share, they would have been making about $200,000 of ARR that year. Okay. 18 months later, they were doing almost 30 million in revenue and they were a monopoly on the market.
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