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> Speed and agility are your only advantages.

Are you sure? Having experts in a given field isn't an advantage to look for? The mere fact that you're able to turn on a dime if necessary without having to reorganise thousands of employees and projects towards your new goal?

If your definition of "startup" includes "doing things that literally anybody else with enough money could do" and "trying to establish a monopoly at all costs", speed and agility are things you need. Unfortunately, that's the definition that most of SV seem to use. But if you're trying to push boundaries and do something new with experts in your chosen field? Not so much.




Really depends on how much distance that expertise leaves between you and your competition. If it's enough of a barrier to entry, then yes you have time, otherwise you better be going fast. A better funded competitor might Uber you after that first MVP has been derisked.




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