Map your TAM with look-alike data
Top-down TAM ("the market is $40B") impresses nobody who's diligenced a deck before. Bottom-up TAM — a countable list of real companies that resemble your actual buyers — is defensible, actionable, and buildable in an afternoon.
The method
Why investors prefer this
A named-company TAM survives diligence: anyone can sample the list and check that the companies are real and plausible buyers. It also converts directly into a sales plan — the TAM list is the target-account list, exportable to CSV, Salesforce, or HubSpot.
Frequently asked questions
What's the difference between top-down and bottom-up TAM?
Top-down starts from an analyst's market size and slices downward with assumptions. Bottom-up counts actual target companies and multiplies by realistic deal value. Bottom-up is more defensible because every company on the list can be verified.
How do I know when my TAM map is complete?
Recurse: feed high-scoring look-alikes back in as new seeds. When a round of expansion yields fewer than ~20% new companies, you've saturated the market boundary.
How much does it cost to map a TAM this way?
Each seed search is 1 credit (up to 100 look-alikes). A 20-seed map with two expansion rounds is typically 60-100 searches — under $50 pay-as-you-go, less on a plan.