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This is not an easy market to disrupt... the barrier to entry for manufacturing a $200,000 tractor or $500,000 combine is high, and the market is not that large
by Johnny555 10y ago
This is not an easy market to disrupt... the barrier to entry for manufacturing a $200,000 tractor or $500,000 combine is high, and the market is not that large.
This isn't like coming up with a better lightbulb that cost $2 to manufacture and will sell millions. And while the large farms may cycle through their equipment in 5 years, a small farmer may keep his in operation for 20+ years, so there's not a whole lot of equipment turnover for an upstart to break into.
- narrowrail 10y agoJohn Deere is a brand name in the US. There are several Asian companies that compete with them. When was the last time you bought a tractor? Mahindra, Kubota, New Holland Ag, Case-Farmall and Massey-Ferguson. Have you looked at the competitive landscape?
- timthorn 10y agoMost of that list are American or European.
- vvanders 10y agoYup, and longer. Heavy equipment is built to a different standard, our Compact Utility Tractor is ~30 years old and still going strong.
- zaragossa 10y ago> This is not an easy market to disrupt... the barrier to entry for ... This is the way of thinking of the poor. The rich don't think like that.
- RevHaze 10y agoThe rich don't understand barriers to entry? Sure, throw enough money at the barrier and you can climb it, but that's not so much a revolutionary state of mind as it is just having enough money to try something expensive.
- YCode 10y agoYou can think however you like, the barrier doesn't care.
- prodmerc 10y agoWhat about replacing only the software? Or will they claim it's illegal and you still don't own the hardware?
- noonespecial 10y agoThen again, if you come up with a little harvester that autonomously harvests 1/4 acre, fits in a suitcase and costs $100, you just might sell millions. People will want better $500k harvesters like they want Zeppelins with more lift or faster steam ships.
- alexvoda 10y agoI do actually want a Zeppelin. Having a residence floating in the air is kinda cool I think.