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This reasoning feels safe for services, and risky for software: * Big companies start small. VCs will tell startups to find something their tech can make them
by lmeyerov 10y ago
This reasoning feels safe for services, and risky for software:
* Big companies start small. VCs will tell startups to find something their tech can make them the best at and grow into nearby verticals.
* Software goes to zero. Academia, side projects, whatever. Either you keep up, and reach some sort of scale that you have a moat, or your risk goes up.
- danieltillett 10y agoYou do have to keep working on the business and innovating. It is not a route to passive income (well not until you retire), but it a very satisfying way to build a business and lifestyle. The downside is the parties aren’t as good :(