It is better to be an early investor. Early investors get the opportunity to raise the technology and can reap the maximum reward. This is because the CAGR shows the maximum number at the initial stages. The more it grows the rate of growth in terms of percentage decreases. This makes a lot of investors search for opportunities that are yet to explode. It takes a good amount of work to find those multi-baggers.
The finding isn’t enough. When we find a company that is perfectly aligned with the situation and the filler of the void, some companies still suck. The reason is the founders. If they don’t know what they are not passionate about giving something to the world, then the prime focus veers to money. This is bad, especially for a company. A good founder with great intention can turn a mediocre company into a world scalable one.
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