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It's probably easy to believe that if you're developing a SaaS app on the Pacific Coast, but in actually-existing reality -- no, they won't. Their business pro
by abalashov 6y ago
It's probably easy to believe that if you're developing a SaaS app on the Pacific Coast, but in actually-existing reality -- no, they won't.
Their business processes and products are often sclerotic, and so are vulnerable to disruption by smaller, more nimble startups. That's the central premise of virtually all B2B software from the Valley. But they certainly aren't going to die.
In fact, large companies and enormous capital are required to take things from a "disruptive innovation" to a household name, to say nothing of providing an exit for SV startups. So, they're a vital part of the biosphere and they're not going anywhere.
- andrewjl 6y ago> In fact, large companies and enormous capital are required to take things from a "disruptive innovation" to a household name, to say nothing of providing an exit for SV startups. I think this is becoming less and less true, unless one is competing with the tech giants directly. In the past enormous capital investment was required to build out the minimum viable capacity needed to serve larger customers or market segments. Today you can rent that capacity. In the future more and more types of capacity can become rentable, such as logistics, compliance, manufacturing, etc.
- abalashov 6y agoTo make many things a household name, one has to compete with the giants directly. I am not necessarily referring to the 'tech' economy. Most uses of tech are not in the 'tech industry' itself but to fulfill ulterior aims in other sectors.