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It's a mistake to predict the size of markets that are so…

“It's a mistake to predict the size of markets that are so new. This model has shown no signs of slowing down. So we are going to get as much of it as we possibly can, and when we get close to that we'll figure out other problems.” quote by Eric Schmidt
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“It's a mistake to predict the size of markets that are so new. This model has shown no signs of slowing down. So we are going to get as much of it as we possibly can, and when we get close to that we'll figure out other problems.”

Eric Schmidt

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Predicting market size for emerging sectors is unreliable; focus on capturing value now and adapt later.

In simple terms: Don't try to forecast new markets precisely; act and adjust.

Key Takeaway

Prioritize execution over prediction.

Themes

innovation market dynamics strategy uncertainty

Mood

pragmatic forward‑looking analytical

Type

strategic business

When to use this quote

  • startup funding
  • product launches
  • investment decisions
  • growth planning

Key Concepts

economics entrepreneurship risk management

Questions to Reflect On

  • What risks arise from moving too fast?
  • How can we balance speed with due diligence?
A Different Perspective

Overemphasis on speed can overlook long‑term sustainability.

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