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I don't know how you're calibrated for what is significant enough to count. Could you give a few examples from comparable companies? So successful new markets e
by jsnell 5y ago
I don't know how you're calibrated for what is significant enough to count. Could you give a few examples from comparable companies? So successful new markets entered by Microsoft, Apple, Amazon, Facebook or Netflix in the last five years.
- iainmerrick 5y agoI wasn't sure these were all in the last five years, but when I checked the dates, they mostly are: - Microsoft: Visual Studio Code (2015), acquired GitHub - getting deep into dev tools outside the Windows market - Apple: Apple Watch (2015) - wearable health tech - Amazon: original TV and movies, grocery delivery, acquired Whole Foods (2017) - Facebook: acquired Instagram (2012) and WhatsApp (2014), Oculus VR - Netflix: original feature films (e.g. Roma, 2018) You may not consider all those to be new markets; e.g. Netflix is still pretty much just doing streaming video as far as I'm aware. But it was still seen as a big deal when they started doing original TV shows (House of Cards) and then "proper" original movies. Edit to add: Google: AI tools & infrastructure? I don't know enough to judge if they're making a big impact there.
- jsnell 5y agoThis is 2021. Basically everything you listed was older than your own five year threshold (Amazon was in the grocery delivery business since 2007!), or acquisitions rather than in-house product innovations. And how is vscode a major new market? Anyway, applying your criteria fairly to also Google, why wouldn't e.g. Fitbit, Nest, Pixel phones, Kubernetes, TPUs, YouTube Premium, Flight search, and Meet count?