3 ms·
I think it is absolutely fair to question. I thought it was not fair when OP stated big brother throwing fist at smaller company (and Snapchat isn't a startup /
by yeukhon 10y ago
I think it is absolutely fair to question. I thought it was not fair when OP stated big brother throwing fist at smaller company (and Snapchat isn't a startup / small player anymore).
> you'll never beat Google, Apple, Facebook, Microsoft or Amazon
But Facebook is the youngest. Apple did fail and almost vanish until Steve Jobs came back. Microsoft was sucking on its Windows license and losing so top talents, it came back with Azure and better Windows and Office product. Amazon diversified its product in 2005 and continued to do so now it has so much more capital to invest.
But Google destroyed Yahoo, MSN and AOL, and other web directory websites out of business.
MySpace is sold. Yahoo is sold. Tumblr's ability to make profit is questionable, and will likely fail eventually. Blackberry failed to come back. Sony Ericsson, Motorola, Nokia all sold after Android came along and too late to adopt (from Seamian to Android). Google's first smartphone was a big step up. Wii U sale wasn't good. I can go on with many examples. Sony's digital music products were doing well then Apple's iPod came along. But was Apple's success a pure luck? A pure technical ingenious coincidence? Sony was much bigger than Apple at the time.
The business world is funny because the "too big to fail" will eventually fail one day, either through merge or complete bankruptcy. I predict Uber is too big to fail, but it might eventually pull back its main business back to NA. But that's my wild guess.
So the question is fair, but I think there's a question on leadership. Why some big company fail and others strive? Pure luck? Luck is 30%, 70% is people.
But I share the sentiment that Stories is not as exciting as hearing a robot can talk to me like a normal human. That would be a huge breakthrough, big innovation, and a whole new business venture. Was Facebook's AI messenger great? No, it was a poor experiment.
- AndrewKemendo 10y agoEverything you say makes sense, but I have to add that I think Machine Learning changes the landscape. We're a ML company in the true sense, and I can't tell you how fucking hard it is to compete with these behemoths on AI - and I see it in my fellow startups. ML is becoming literally part of every business process across industries, and guess who is at the center? Google, Amazon, Facebook. So yea, I think this time it's different. They have learned how to adapt as fast as Startups but retain the size of a Fortune 500.
- yeukhon 10y agoYes, I agree AL is pretty unique. I've seen some new startups like Clarifai trying to win the SDK/SaaS market. Moreover, many of the new startups in AI are generally folks from research division at Microsoft, Facebook, Google, Amazon, and IBM. AI is quite a selective field, more dense in terms of complexity comparing to building a web application.