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Like the article mentions, the ironic part is that if every entrepreneur called it quits when it made sense to, we wouldn't have many of the services we rely on
by gkoberger 16y ago
Like the article mentions, the ironic part is that if every entrepreneur called it quits when it made sense to, we wouldn't have many of the services we rely on today.
Pre-Google, YouTube was hemorrhaging half a million dollars a month [1].
Twitter got lackluster reviews on TechCrunch (and slammed in the comments) [2].
People laughed at Microsoft and Apple for building personal computers.
Facebook and Google entered into fields that were already pretty heavily dominated.
The list goes on and on.
[1] http://www.bivingsreport.com/2006/youtube-show-me-the-money/ http://www.bivingsreport.com/2006/youtube-show-me-the-money/
[2] http://techcrunch.com/2006/07/15/is-twttr-interesting/ http://techcrunch.com/2006/07/15/is-twttr-interesting/
- wccrawford 16y agoYouTube's business model was to hemorrhage money while getting the groundwork laid, then start making money. Google bought them first, but is still continuing the same path they were on. You don't give up just because you got a bad review or people laugh at you. If you did, nobody would ever do anything. You also don't give up just because the competition was there first. Nothing would ever have competition.