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It seems like there's a lot of profit in synthesizing existing technonogies, like decades old tech and new stuff (bitcoin, uber, neural nets + GPUs). And also o
by c3534l 7y ago
It seems like there's a lot of profit in synthesizing existing technonogies, like decades old tech and new stuff (bitcoin, uber, neural nets + GPUs). And also overlooked are dying industries. They tend to consolidate on their way down, which allows a new competitor to buy them up. A lot of software is changing its business and pricing model, so it would allow a smaller firm to offer up an alternative to what established players are doing. Software used to be the big next thing where everything and anything was new and innovative. People got used to thinking of it in those terms and now fail to see it as the established industry it is, chasing high risk investments that aren't even going to be that high reward. There may not be a next Google, Facebook, or Amazon. You may have to look for another industry entirely if you want to get in early to become an industry giant.