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Also good ideas with a lot of value don't imply good businesses. As an example, just look at GitHub financial numbers. A lot of that is of their own doing. Git
by aaron-lebo 10y ago
Also good ideas with a lot of value don't imply good businesses. As an example, just look at GitHub financial numbers.
A lot of that is of their own doing. Github is a great business; they just got greedy. Interesting if they should fail, their failure will be cited as evidence that you can't make money hosting code (you already are).
If they didn't take on millions and keep hiring engineers like crazy, they'd be doing just fine. They wouldn't be losing $66 million hosting a code repository anyway....
- wslh 10y ago> A lot of that is of their own doing. Github is a great business; they just got greedy. Amazon was/is greedier and look at where they are now. My central point is that great businesses are just a small set within great ideas with lot of value. One simple example is what happened with software tools in Windows. There are great tools that provide a lot of value for the users but people are use to free software and almost nobody is buying them.