Markets around the world are dominated by large incumbents with a ton of market power – whether it is media, logistics, e-commerce or finance. For a startup to succeed at a busy market they need to out-execute all the incumbents by an enormous margin.
Why is it that only 1 in 100 startups ever succeed after raising $5m in series A? They always have a good idea that could work. Where startups fail after Series A is execution, specifically the speed of execution.