Unlocking hidden value: How niche markets are bigger opportunities than VCs think

Jackie DiMonte
10 min readMar 6, 2024

The easiest way for a VC to kill a deal is to state “The market is too small.”

I happen to think this is the laziest way as well.

Part 1: Why good segmentation matters for big and small markets

It takes work to segment markets.

When market sizing becomes a perfunctory exercise, it can lead to errors.

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Jackie DiMonte

Early stage venture investor at @chicagoventures. Formerly @hydeparkvp, #IoT at @silverspringnet, and #tech at @Accenture