Consulting experts and advisors can provide valuable insights, but over-reliance on their opinions without considering the context of your business can lead to the Appeal to Authority Fallacy.
In hindsight, this was a mistake. While their authority and experience were undeniable, the direction didn't align with the reality of our business - 90% of our revenue came from gaming companies.
Unfortunately, we spread ourselves too thin across both markets. In contrast, a competitor called AppLovin overtook us by staying fully focused on gaming. They eventually went public and are now worth over $40 billion.
You should always evaluate whether expert advice is relevant to your specific situation. Combine external insights with an understanding of your unique business context.
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