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I see business services companies build tools in their vertical industry and become successful all of the time. You just can't take venture funding.
by mbesto 7y ago
I see business services companies build tools in their vertical industry and become successful all of the time. You just can't take venture funding.
- gumby 7y agoThe question is over a pivot from "I'm going to provide product/service X at a profit due to my tool T" to "Well, I couldn't sell X so I'll sell T to other people who want X". If you couldn't make a go of it, is it really likely others will, or if they can that they will want your tool T to do so? This is different from either providing a service and successfuly using your own software to do so or providing a service and developing as well tools specifically for your customers. Slack was suggested by another poster as a company that pulled this off, though I'm not sure the communication tool was considered crucial to the game business.
- mbesto 7y agoFair. I guess it depends on what you determine as a success. 37signals was probably somewhat successful as a dev shop, but obviously not nearly as successful as a project management software one.