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Most startups that outperform start in areas where the reason to exist isn't obvious. It only becomes obvious later. (Do we need yet another search engine?)
by mathattack 9y ago
Most startups that outperform start in areas where the reason to exist isn't obvious. It only becomes obvious later. (Do we need yet another search engine?) This is why it's important to have a lot of low-capital companies searching these markets. Once they find the reason, then it's appropriate to flood them with capital.
- aorloff 9y ago> Do we need another search engine ? A valid question even when Google came to the fore. We had Yahoo, HotBot, Altavista, and then Google came along. And while the others were search engines, Google was superior. Will people switch to a better internet search engine ? The answer is always yes.
- scalatohaskell 9y agoIt needs to be marginally better. Slighly is not good enough to gain momentum.
- mathattack 9y agoSome would say at least 10X better. Google won because pagerank crushed keyword searches, and gmail Gabe 20X the free inbox that hotmail gave.
- scalatohaskell 9y agoyea perhaps. This is case where it's simple(r) to measure, but that's not always the case.