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> On the other hand, giant companies like Facebook are the only ones who can really afford to just steal stuff and make it high performance. A startup's main pr
by yeukhon 10y ago
> On the other hand, giant companies like Facebook are the only ones who can really afford to just steal stuff and make it high performance. A startup's main premise can't be "technology-driven" in the most traditional sense of high performance. A startup will be out-performed by companies with more resources, like giant corporations.
I think it is an excellent point, but I also believe we find a balance. I see your point. Big corporation can spare money to experiment. This is Google's strategy. Throw a hundred developers and $50M investment and if fail remove the project from its catalog two years from now. Move on to the next item.
Unfortunately, I think luck being 30% in measuring success is a real deal breaker. Sometimes, your best idea (very profitable) just doesn't take off until the right moment, even if we have the best product team, the best sales pitch, the most intuitive platform. Sometimes it's playing Russian roulette. I recently read about Foursquare - that's a good example. The luck of finding the right people leading a new vision.