So glad you posted this Josh. I struggle with similar questions. I find it is pretty easy to talk your way into (and out of) what fits this criteria when you are working on an investment opp. The criteria for “NEED to exist” could be dynamic based on the world around us too.

For me, when a company has the potential to change/shape the industry they are in…it starts to fulfill that desire to work on impactful things. When the “after” for the category will look different if the company gets to scale, I know its worth spending time on.

Co-Founder and MD @, Partner @ The Fund Rockies. Prev: Techstars VC, Co-Founder @ Filtrbox (sold to Jive) Co-Founder @ (sold to Novell).

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store