100% wrong. Most products are launched into existing markets and estimating a li... | Hacker News

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		james1071 on March 12, 2013 \| parent \| context \| favorite \| on: The 1% fallacy 100% wrong. Most products are launched into existing markets and estimating a likely market share is essential.

Mahn on March 12, 2013 [–]

Essential for what? You can get an idea of what the ceiling of your market looks like, but that's it. Unless you can strongly and credibly argument how, saying you'll get 1% of the market is equivalent of saying nothing.

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