Forget about your passion; think about market dynamics.
- A THREAD
In 2011, I was advising a Kenyan startup that wanted to create locally relevant games for the African market.
After reviewing their business model, I told them it would not work.
I asked them to pivot to an enterprise business model.
Why?
Why?
1. Data penetration was low in 2011. 2. The payment ecosystem did not exist to monetize the games. 3. The market for paid games was not big enough. 4. Poverty.
Their response:
We are passionate about games and will make it work.
The key difference is "underlying value".
The key difference is "underlying value".
The key difference is "underlying value".
The key difference is "underlying value".
Let me explain.
Moderna is a pioneer in mRNA technology.
mRNA will be the biggest medical innovation of the next few years.