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> Always encouraging to hear that you may be working on something worthwhile even if smart people still don’t get it. People very rarely "get it" at first for
by Judgmentality 6y ago
> Always encouraging to hear that you may be working on something worthwhile even if smart people still don’t get it.
People very rarely "get it" at first for things that become big. Anything obvious will already be attempted by larger corporations.
Google was initially so unappealing to investors they would go out the backdoor to avoid talking to the founders. AirBnB has a long, fascinating story of them struggling to get off the ground. Amazon was laughed at for competing with brick and mortar. Tesla was considered idiotic to compete with big auto, who presumably could put their weight behind electric and crush them. Likewise SpaceX was crazy to complete with legacy defense contractors. And so on.
Also, from personal experience, most investors aren't that smart. Investors are just people. How smart do you think the average person is?
- ampdepolymerase 6y agoThey do have money though.
- Judgmentality 6y agoSomething most people have to learn the hard way is that bad investors are worse than no investors. This isn't just my opinion, I was originally taught that by YC. And while I don't normally agree with this guy, he says some salient things here. https://techcrunch.com/2013/09/11/vinod-khosla/ https://techcrunch.com/2013/09/11/vinod-khosla/