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Published · transcript-backed

Lenny Rachitsky: belief

27 Dec 2023 Lenny's Podcast The hierarchy of engagement | Sarah Tavel (Benchmark, Greylock, Pinterest)

“Something that you all at Benchmark are really big on, which I think would be interesting to talk about, is the TAM not being as big a deal as people think.”

— Lenny Rachitsky

Source trail

Everything needed to verify it.

Speaker
Lenny Rachitsky
Attribution
Verified speaker
Claim type
belief
Recorded
27 Dec 2023
Publisher
Lenny's Podcast

Transcript context

…That's right. Something that you all at Benchmark are really big on, which I think would be interesting to talk about, is the TAM not being as big a deal as people think. So a lot of times, there's a lot of marketplaces that start very small, and there's a fear that the market is just not going to be big enough for them to build a massive business long-term. And you all don't worry about that as much as a lot of other investors, where the market itself isn't a huge killer of investing. I would underline it even, which is that we get excited about the markets, the opportunities, that might seem small from the outside.…

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