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How big is the risk of some competitor just copying with business with 10x the engineers and taking your customers?
by moneywoes 5y ago
How big is the risk of some competitor just copying with business with 10x the engineers and taking your customers?
- dwrowe 5y agoThey typically move more slowly - have more layers of design by committee than you will. They’ve already built a large ship that requires movement, you’re in a speedboat. Sure, they can crush you, if you move at the same speed and in the same direction - use your agility to move.
- MangoCoffee 5y agolow? lets use Zoom as an example. its competitors already doing exactly what Zoom does and yet they lost customers given they were in the market much much longer than Zoom.
- redis_mlc 5y ago> lets use Zoom as an example. its competitor Zoom was started with over 40 ex-Cisco Webex managers and employees. So not only did Zoom have a remarkable expertise base (and significant investment), they gutted Cisco of talent on the same product. But it gets worse. I talked to an early Webex engineer, and he said that Cisco threw out their original roadmap after the takeover.
- marcos100 5y agoYou're small enough that they don't care. If you grow big, then they buy your or copy your business and when that happens you'll have earned a lot of money, hopefully.
- count 5y agoFor every company that will buy from them, there's a company that won't buy from them for 'religious' reasons. Deals are complicated, it's not always an 'engineering' decision.
- Kaotique 5y ago10+ engineers is also 3 designers, 2 online marketeer, 2 managers, etc. They would need so much more revenue than a solo dev.