It was a day packed with over five consecutive meetings. As I huffed and puffed towards my final destination, meeting up with the private banker of a tech entrepreneur whose achievement badges include his NASDAQ-listed gaming company. It would be a typical investment pitch, like millions of other pitches I had done. The only difference was pitching to a private banker — a career I was going into until I got mesmerized by the tech world. Let’s call him Paul.
Paul was sharp, astute, and surprised me with his knowledge in the startup scene and tech industry. He certainly knew what he was dealing with, and what he was saying. I sat intently, answering him patiently and factually whenever he had questions, at least, until the last quarter of the meeting when Paul asked, “So what is exactly unique about your business? There is no stopping anyone in China to copy whatever you have, in minutes”.
To read the original article: Sorry to tell you this, but… being unique won’t make your startup money | ventureburn
