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They do, but only if they are commoditized. Once you get a sufficient amount of differentiation, you can (and should) "price information according to its value
by hussong 19y ago
They do, but only if they are commoditized. Once you get a sufficient amount of differentiation, you can (and should) "price information according to its value, not its cost".
- davidw 19y agoGood point, but if it's big enough to interest VC's, it's big enough to attract interest in an open source or free version (Linux, Wikipedia). I can't think of VC's driving the price to zero in niches, as per his thesis that it's VC's driving the price of things to zero. I should add that there's also certainly space between a new product's entry into the market, and when it becomes commoditized. If you're doing something that's not easy to replicate, even if people do start trying, you might have a number of years to make some money at it.