What is TAM? Perhaps, the biggest factor in whether a VC funds you or not. TAM = Total Available Market. Note: Top Down TAM doesn’t matter. You need to present a Bottom-Up TAM Analysis. And to get funded, that TAM needs to be very large. Billion. Two billion. Ten billion.
What have you been doing for the last six months? Chasing customers? Chasing Investors?
Much is being said on a daily basis about the Series A crunch. This is our series on the subject. In short, byte-sized posts, I will give you my thoughts on how to deal with the issue. Please note, this advice is entirely for entrepreneurs, not investors.