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Well, look at the opposite case. If you're in a market where your competitors are IPOing left and right, then most likely you'll be doing pretty good as well.
by anthony_franco 11y ago
Well, look at the opposite case. If you're in a market where your competitors are IPOing left and right, then most likely you'll be doing pretty good as well.
- yuska 11y agoPossibly, but that seems to make the assumption that there's a direct correlation between your competitors' success and your own. I'm not certain that there is one.
- rockarage 11y agoIf you believe you can do better consider acquiring Assembly. It is better to start with a community that understands the goals & potential for failure than to start from scratch with a community that does not understand the risk. Moreover, their branding is very good.
- yuska 11y agoUnfortunately we're bootstrapped, so acquiring them doesn't seem feasible right now.
- anthony_franco 11y agoYes, there's absolutely a correlation with competitors. You're all in the same market after all, pulled by the same market forces. I'm not saying it's a 1:1 correlation, of course. But in a market where your competitors are extremely successful, it proves that it's possible you can be successful as well. That's not always the case in every market since many markets out there just won't be viable for a successful company.