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> An innovative, new upshot getting sucked up/ blatantly ripped off by an established player with more muscle, money (and in this case - users) to throw at the
by mbesto 10y ago
> An innovative, new upshot getting sucked up/ blatantly ripped off by an established player with more muscle, money (and in this case - users) to throw at the problem is not a great incentive for entrepreneurs.
> http://avc.com/2017/02/the-end-of-the-level-playing-field/ http://avc.com/2017/02/the-end-of-the-level-playing-field/
These two things aren't the same. The former is complaining about larger companies copying features (where no legislation exists) and the latter is complaining about incurring legislation that impedes competition.
So what do you want? Legislation or not? You can't have both.
> is not a great incentive for entrepreneurs.
There are plenty of opportunities for entrepreneurs to create new technologies, but the gold rush for creating the next big social app may indeed be over.
- mattnewton 10y agoHere's to hoping new entrepreneurs are motivated by something more than getting rich off the next hot walled social garden, where innovation is a gimmick like self "deleting" messages, 140 characters, or "micro-apps".
- derefr 10y agoI think you're assuming a lot by saying "entrepreneurs" there. It's not like we pump "entrepreneurs" out of some sort of cadet school, and then some of them go on to join the Dark Side. People become entrepreneurs (i.e. found businesses) for a variety of reasons. One of those reasons is because they want to get rich quick. Social walled gardens are a good path to that, if you can manage to build one. The people who do so might pretend to be participating in the "hacker ethos"—but they're not members of our community able to be swayed by our social mores. They're just businessmen, of their own kind.
- mattnewton 10y agoOf course, I only mean I wish that people starting new ventures are motivated to create new products that aren't walled social gardens, and hopefully have some better positive externalities of the kind we all hoped the internet would bring in the 90s. I don't care if that happens by social being not a way to get rich anymore, or by a class of entrepreneurs being inspired to make something else, as long as it happens.