2 ms·
You can copy business models but you can't copy trajectories. Their failure is not selling businesses fast enough. Perhaps they drank their own Koo-Aid and thou
by whoisjuan 6y ago
You can copy business models but you can't copy trajectories. Their failure is not selling businesses fast enough. Perhaps they drank their own Koo-Aid and thought they could build an actual tech behemoth out of copying ideas but clearly all the things they copy have the same uncertainty that the original ideas they copy have.
Maybe they thought that they could pass that upper limit of uncertainty with capital and operational speed but that doesn't work for unproven ideas. It's not like a private equity buying a crackers company. Startups in general have very undefined horizons with no operational references or data to build on. How could something like FoodPanda be successful when all the other players in this space struggle and just a few are barely successful?