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For these kinds of established markets, you basically have to be 5x+ better or 5x+ cheaper. Then it's fine if the product is effectively the same.
by tofuahdude 4y ago
For these kinds of established markets, you basically have to be 5x+ better or 5x+ cheaper. Then it's fine if the product is effectively the same.
- didgetmaster 4y ago5x+ better but effectively the same?? What does that mean?
- baq 4y agosay you build splunk but instead of $500k you only charge $100k for the same featureset. not sure how to make a 5x better splunk...
- didgetmaster 4y agoI know what 5x cheaper means but that was not what I was asking.
- mdaniel 4y ago> not sure how to make a 5x better splunk... Oh, I can help you with that one: don't make it require 5 separate Ph.Ds in everythingology to deploy and run the PoS Then, for an extra $100k, have the new mythical company actually be responsive to bugs reported instead of "well, sucks to be you"
- tofuahdude 4y agoWhat I meant by "product effectively the same" would be better said more like "solves the same problem". Then better is faster, less annoying, easier to integrate, better UX, etc., even if it sits in the same spot in the workflow.