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> It's actually also against what Peter Thiel says: Be the last to enter market He also said: "Every moment in business happens only once. The next Bill Gates
by erikbye 6y ago
> It's actually also against what Peter Thiel says: Be the last to enter market
He also said:
"Every moment in business happens only once. The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a search engine. And the next Mark Zuckerberg won’t create a social network. If you are copying these guys, you aren’t learning from them."
Regarding note-taking apps, I think few of those will turn into billion dollar companies, which is what the video is about.
- baxtr 6y agoYes, and that's exactly my point. There were search engines before there was Google. Still it has become a multi-billion company. If you provide 10x value no one cares if there is competition already (depending on switching costs I guess).