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53,651 Is Not the Magic Number

53651 Redeye VC:

As more and more entrepreneurs start building what Fred Wilson referred to as second derivative companies, I think they run a big risk of designing a product/service that is targeted at too small of an audience. Too many companies are targeting an audience of 53,651 . That’s how many people subscribe to Michael Arrington’s TechCrunch blog feed. I’m a big fan of Techcrunch – and read it every day. However, the Techcrunch audience is NOT a mainstream America audience.

As I evaluate new [Web.20] startups these days I’m finding it harder and harder to see the big ideas that will appeal to a large, non-geek consumer audience.

   

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