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The low-barrier-to-entry plays are getting lots of attention, while the ones that take more capital, research, a breakthrough, or all three, are also getting so
by sounds 11y ago
The low-barrier-to-entry plays are getting lots of attention, while the ones that take more capital, research, a breakthrough, or all three, are also getting some attention.
The article also simply states the obvious: trivial stuff "is trivial."
This "culling of the herd" can happen continuously, or there can be a flood of investment leading to a bubble. Lots has been blogged about how to make different mistakes [1], how to think different [2], or just how this time will be different [3].
Failing is part of innovating.
"We avoided dying till we got rich." - pg [4]
[1] Just one of many: http://www.inc.com/niel-robertson/brilliant-failures/dot-com-mistake-silicon-valley-start-ups-still-make.html http://www.inc.com/niel-robertson/brilliant-failures/dot-com...
[2] http://www.thenational.ae/business/technology/apple-is-the-true-survivor-of-the-dotcom-bubble http://www.thenational.ae/business/technology/apple-is-the-t...
[3] https://avataric.wordpress.com/2015/08/14/startup-culture-everything-old-is-new-again/ https://avataric.wordpress.com/2015/08/14/startup-culture-ev...
[4] http://www.paulgraham.com/die.html http://www.paulgraham.com/die.html
- eevilspock 11y ago> The low-barrier-to-entry plays One of the reasons the barrier is so low is because you often don't have to ask your users to pay. One of the many ways advertising undermines the way the free market is supposed to work.