4 ms·

In the realm of entrepreneurship, I think domain experts who also risk tons of their cash on crazy ideas should be looked at even closer. Y Combinator and Tesl

by jimhi 5y ago

In the realm of entrepreneurship, I think domain experts who also risk tons of their cash on crazy ideas should be looked at even closer. Y Combinator and Tesla were seen as stupid and crazy for a long time. Meanwhile I’ve seen a lot of domain expert entrepreneurs do really crazy things that lead nowhere when it’s VC money instead of theirs.

fendy3002 5y ago
There are too many factors that'll decide whether it'll be success or not. I believe timings and luck are often overlooked. iPhone certainly not the first touch screen display, Microsoft did have one, I believe. However Apple's timing was perfect, there was increasing adaptation of wifi connectivity and 3g, making it able to browse anywhere. Of course smoother interface and beautiful design also contribute big. AmongUs was lucky they got advertisement from streamer, at perfect timing that was (is) pandemic and lockdowns. Tesla can be considered crazy because they try to emerge with unknown product, with unknown market and unknown possibility of success. If we look at the past, Apple's iPhone was crazy too, because it was new product, with unknown market.
- entee 5y ago
  The first iPhone famously only had 2G cellular internet. At the time 3G phones were not ubiquitous but were readily available (had one as a mid priced Nokia flip phone), so I’ve always thought this was a fascinating aspect of the iPhone story. I bet the decision was made to go forward despite the product being slightly hobbled precisely because of timing.
  - bombcar 5y ago
    The iPhone was an iPod that could make phone calls in an era when phones didn't do much beyond making phone calls. So it was a no-brainer for those already carrying an iPod and a phone, even if it didn't do anything beyond being an iPod that could receive calls and texts!

4 ms·

In the realm of entrepreneurship, I think domain experts who also risk tons of their cash on crazy ideas should be looked at even closer. Y Combinator and Tesl

by jimhi 5y ago

fendy3002 5y ago
There are too many factors that'll decide whether it'll be success or not. I believe timings and luck are often overlooked. iPhone certainly not the first touch screen display, Microsoft did have one, I believe. However Apple's timing was perfect, there was increasing adaptation of wifi connectivity and 3g, making it able to browse anywhere. Of course smoother interface and beautiful design also contribute big. AmongUs was lucky they got advertisement from streamer, at perfect timing that was (is) pandemic and lockdowns. Tesla can be considered crazy because they try to emerge with unknown product, with unknown market and unknown possibility of success. If we look at the past, Apple's iPhone was crazy too, because it was new product, with unknown market.
- entee 5y ago
  The first iPhone famously only had 2G cellular internet. At the time 3G phones were not ubiquitous but were readily available (had one as a mid priced Nokia flip phone), so I’ve always thought this was a fascinating aspect of the iPhone story. I bet the decision was made to go forward despite the product being slightly hobbled precisely because of timing.
  - bombcar 5y ago
    The iPhone was an iPod that could make phone calls in an era when phones didn't do much beyond making phone calls. So it was a no-brainer for those already carrying an iPod and a phone, even if it didn't do anything beyond being an iPod that could receive calls and texts!