Ev Williams and Biz Stone took the stage at Startup School, where they took many questions form the audience. The guys were asked ‘How did you estimate the size of the market?’, Biz replied:

If anything we sort of thought it a waste of time, some of our engineers thought it was a waste of time, “If you add video to it maybe I’d work on it”.

Evan went on to say:

With Twitter there is no market, other than we knew it was cool.

So people, don’t waste your time with market analysis, just go out and make something cool!

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