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I love the idea of this podcast, thanks for sharing. This was a great first episode that showed a few things you don't often hear on HN: - Having the best pro
by mdorazio 7y ago
I love the idea of this podcast, thanks for sharing. This was a great first episode that showed a few things you don't often hear on HN:
- Having the best product on the market guarantees nothing. You can easily get destroyed by competitors with better marketing, better prices, or a more appealing business model
- Being first to market also guarantees nothing. In fact, it can often put you in a bad position because it takes a large amount of time and effort to figure out what works, and significantly less to copy what works from someone else and change the business proposition in some way
- Pleasing the right customers is more important than pleasing your users. In the case of ridesharing, the #1 thing drivers (the customers who make the platform possible) want is to make more money. Missing this meant ceding driver share to competitors
- vivekjames99 7y agoThank you! This feedback really means the world to me. Please share with others, as I think the insights like what you've described are incredibly important to VCs and founders alike.