4 ms·
i think this is a perfect example of: ideas mean nothing, execution means everything. you had the idea, but they had the connections(VC, industry, etc) and kn
by mtnGoat 8y ago
i think this is a perfect example of:
ideas mean nothing, execution means everything.
you had the idea, but they had the connections(VC, industry, etc) and knowhow to execute on it faster and bring it to market faster.
Sad, but this is the market we have created! The rich can steal ideas, or do whatever they want, with impunity because they can defend their questionable actions in court. This is what AirBNB and Uber were built on.
- mruts 8y agoMaybe they're just better? I'm sure A16Z was aware of both and decided to fund only one. Money (especially smart money like A16Z) goes where it's treated best, and apparently some smart people think smartcar isn't going to treat their money as well. Copying and pasting the docs seems a little egregious, but that's a pretty small issue that could be changed in a day.