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If it's "exactly the same thing", I personally wouldn't do it. It doesn't have to be something so significantly different, but it has to be a solution to some r
by blacksoil 7y ago
If it's "exactly the same thing", I personally wouldn't do it. It doesn't have to be something so significantly different, but it has to be a solution to some real pain points that persist on the existing solution.
On his book "From 0 to 1", Peter Thiel goes even more extreme. For him, if something isn't 10x better then the alternative solution, he wouldn't do it.
Of course, all the above doesn't apply if your goal of building it is for learning-purposes or just for fun.
- woutr_be 7y agoSorry, "exactly the same thing" was bad wording, it's the same concept, but executed differently. You can compare it to two tech blogs who write about the same things. Definitely not an issue, they both give different takes on the same things.
- youngtaff 7y agoBut isn't Peter Thiel's view on what's a worthwhile return on investment different to most of us (who I expect would be happy just making a decent living)
- blacksoil 7y agoThat's true. His perspective is more of VCs than us.