3 ms·
- Company X makes a product - Product become popular - Company X takes VC money/get aquired - Company Y makes an alternative product that is cheaper and mayb
by 0x457 4y ago
- Company X makes a product
- Product become popular
- Company X takes VC money/get aquired
- Company Y makes an alternative product that is cheaper and maybe Open Source
- Company X makes product worse due
- People switch to product from company Y
- Now repeat everything, but Company Y is now Company X.
Not long ago, Figma was Company Y in this cycle.
- dskrvk 4y agoA few years later: “Sparky, Open Source Penpot alternative, raises $128M in funding”
- diacritica 4y agothis funding agreement came months ago, the FigmaGate had nothing to do with it. I'm surprised how many people think deals like this can happen in just a week, LOL!
- 0x457 4y agoI mean...no one is implying that those two are related. The point is that this is the cycle.