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Re-read The Innovators Dilemma. Startups built on just having better technology or product rarely ever work. You need to compete on an axis that the incumbent c
by krschultz 10y ago
Re-read The Innovators Dilemma. Startups built on just having better technology or product rarely ever work. You need to compete on an axis that the incumbent can't compete on. The incumbent should be looking at your startup, be aware of what you are doing, and be unable to copy it because doing so would break their existing (profitable) business.
If you are relying on outcompeting the incumbent directly you are in for a really tough fight.
- AndrewKemendo 10y agoReally the point I am making is that they have the ability to cover all axes because the information they have about each is so deep and their tentacles are everywhere in some form. Remember too, they don't need to brand a product with "Google" to be dominant in it. They just need to make sure that whatever startup is playing in the space is using a google product, be it GoLang, Tensorflow, etc... or has investment from GV Technology: Check Personnel: Check Funding: Check Consumer Understanding: Check Industry Knowledge: Check