Going back to the original post, it sounds like the central argument is that as a VC investor, you care about the size of the market, which I read as the opportunity to massively scale. Then getting the right product into that market.

So I think that’s pretty valid from a VC investor perspective. Doesn’t mean that some other approach isn’t better by some other metric. Just that a VC investor is looking for those massive returns on a few investments to make up for the losses on the majority. It’s such a skewed distribution if you don’t believe in the ability to sell a product into a massive market then it’s not a VC deal.

Lots of great businesses find some demand for their product and do just fine, or great.