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    Strategy & Moats
    Mid
    Global · Global

    Wedge

    Also called: Beachhead

    TL;DR

    The narrow initial use case or segment a startup attacks first, used as the entry point into a much larger market.

    A wedge is the small, specific opening through which a startup enters a market it eventually intends to expand across. Toast started as a restaurant POS before becoming a full restaurant operating system. Square started with magstripe card readers for tiny merchants before becoming financial infrastructure. The wedge is small enough to win, but adjacent to enough territory to grow.

    The wedge is both a positioning and a sequencing question: what's the smallest beachhead the company can dominate, and what's the natural expansion path from there?

    Worked example

    Slack's initial wedge was 'replace email for engineering teams.' Once the engineering team adopted, Slack expanded into design, product, sales, and eventually the entire company, but the first wedge was narrow enough to win clearly.

    Common pitfalls

    • Choosing a wedge with no expansion path.
    • Generalizing past the wedge before winning it.
    • Confusing 'niche' (a final market) with 'wedge' (an entry point).

    When this shows up in a pitch deck

    Strong decks state the wedge explicitly and sketch the 1 to 3 year expansion sequence.

    Related terms

    Pitch deck pillar pages

    Long-form deep dives on the slides Wedge most often shows up on.

    Use Wedge in your next pitch deck

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