3 ms·

>Software is still a new industry. I fully believe the companies that win in the long run will be the ones that have the best codebases (assuming software is wh

>Software is still a new industry. I fully believe the companies that win in the long run will be the ones that have the best codebases (assuming software is what differentiates your business). There are so many counter examples (Facebook, Microsoft to name two) to your point it simply can not be true.

adam_arthur 6y ago
So your view is that the long run is a few decades? :) When I say long run, I'm talking hundreds of years. Software as an industry is not even one generation old yet. There are countless advancements that will come. That being said, I don't consider social networks to fall into the class of an area where your product is the main differentiator. Network effects come first, product second. Database products are a better example. JIRA another. It's the most widely used now but extremely slow and buggy. I sincerely doubt JIRA will be the winner 100 years from now if they don't improve technically. In fact, a lot of software companies these days are just competing with traditional companies, but with better software. That's the whole selling point. E.g. fintech replacing banks, uber replacing taxis, insurance companies that make it easy to make claims etc. The bigger the tech disparity, the bigger the advantage. Lets see!
- PaulDavisThe1st 6y ago
  > So your view is that the long run is a few decades? :) I suspect that there's almost nothing going on at the Ford Motor Company that has even the remotest connection to anything technical that happened during the early years of the company's founding. Sometimes, stuff just really does age out.
  - stevegalla 6y ago
    I guess it depends on how much leeway you can be given for using “almost nothing” and “remotest connection to anything technical”, but Wikipedia says Ford Motor Company was incorporated in 1903 and the first assembly line dates to 1913. Engine blocks are still cast, sheet metal is still bent, pressed, and rolled so I think there is a lot of the original years still around. Yes, I’ll give you that there have been huge advances in sophistication, but it seems to me the early years are still present.
- deleted 6y ago
  [deleted]

adam_arthur 6y ago

So your view is that the long run is a few decades? :) When I say long run, I'm talking hundreds of years. Software as an industry is not even one generation old yet. There are countless advancements that will come. That being said, I don't consider social networks to fall into the class of an area where your product is the main differentiator. Network effects come first, product second. Database products are a better example. JIRA another. It's the most widely used now but extremely slow and buggy. I sincerely doubt JIRA will be the winner 100 years from now if they don't improve technically. In fact, a lot of software companies these days are just competing with traditional companies, but with better software. That's the whole selling point. E.g. fintech replacing banks, uber replacing taxis, insurance companies that make it easy to make claims etc. The bigger the tech disparity, the bigger the advantage. Lets see!

PaulDavisThe1st 6y ago
> So your view is that the long run is a few decades? :) I suspect that there's almost nothing going on at the Ford Motor Company that has even the remotest connection to anything technical that happened during the early years of the company's founding. Sometimes, stuff just really does age out.
- stevegalla 6y ago
  I guess it depends on how much leeway you can be given for using “almost nothing” and “remotest connection to anything technical”, but Wikipedia says Ford Motor Company was incorporated in 1903 and the first assembly line dates to 1913. Engine blocks are still cast, sheet metal is still bent, pressed, and rolled so I think there is a lot of the original years still around. Yes, I’ll give you that there have been huge advances in sophistication, but it seems to me the early years are still present.
deleted 6y ago
[deleted]