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* Most startup will fail. * Most of the successful startups will be acquired and merged with other more successful startups or established companies. * Most i
by yeukhon 11y ago
* Most startup will fail.
* Most of the successful startups will be acquired and merged with other more successful startups or established companies.
* Most ideas are repeated and competed aggressively.
* Most of the successful startups primary winning demographic / target audience turns out to be younger crowd, especially with college students, and the young crowd tend to be better at advertising startup ideas.
* Many successful startups you can name right away simply reinvent the existing platform by applying media attraction and sharing among crowds.
* Only way win is make noise. A lot of noise. Yeah. Back to pg's top recommendation, selling your product to users.
* Unless you have billions to burn on your own, don't try to be SpaceX or Telsa. You will never be them (or the same guy who founded both entities).
My own unscientific conclusions.