3 ms·
Don't worry too much about a large company seeing what you are doing and moving into your space faster than you. Large companies go through several stages of co
by gridspy 16y ago
Don't worry too much about a large company seeing what you are doing and moving into your space faster than you. Large companies go through several stages of copying ideas
1) What a dumb idea, that will never work
2) That company seems profitable, but we will beat them
3) We better copy that idea, but it is not our core business / it will cannabilise our profits
4) Okay, lets get some of our non-motivated, non skilled, unimportant engineers to look at this niche in our typical boring locked down plodding way
5) Budget cuts!
So yeah, don't be too worried about large companies.
- byoung2 16y agoAt the large company where I work, 5) is "Let's buy them out" It might be a good thing if the big guys see what you're up to, and realize that it's easier to buy you out than do it themselves.
- Unseelie 16y agoI'm not trying to be negative, but when your company is one person, a five man startup with a similar idea -is- a huge company, especially if they don't have to work ten hour days. Things are relative, and the megacorp isn't the only competition. Or even most of it.
- gridspy 16y agoCompletely true. However it is extremely rare for multiple startups to go for _exactly_ the same niche. Also, most customers you approach will never have heard of either of you - unless you are in a tiny market your competition has very little effect on you (other than encouraging you to work harder)