Tag: total addressable market
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Companies make better products at lower prices to get the largest total addressable market (TAM)
Lex’s Episode 386 podcast interviewed Marc Andreessen, co-creator of Netscape (https://lexfridman.com/marc-andreessen/) and one of the topics discussed is why capitalism is good. Marc reasoned that the largest addressable market TAM for any product is if everyone can afford it and want to use it. For that to happen the price point of the product would…