4 ms·

I think 2008-2012 was the sweet spot. Building your product in 2008 for 2 years would have taken you to 2010 when SaaS was more mainstream., but still relativel

I think 2008-2012 was the sweet spot. Building your product in 2008 for 2 years would have taken you to 2010 when SaaS was more mainstream., but still relatively low competition. Mid 2000s though would have been the best time to start an internet startup though (ie TripAdvisor, MyFitnessPal) given the low competition in search.

vasco 4y ago
There's still no competition now compared to any time in the future for an internet business.
- altdataseller 4y ago
  What do you mean? Give me some examples. There are plenty of saturated niches.
  - HWR_14 4y ago
    He means "if you think things are crowded now, they'll only be more crowded in the future"
    - altdataseller 4y ago
      I mean thats obviously true?
  - ayewo 4y ago
    They will always be niches that certain people deem to be saturated, but that won't stop a determined entrepreneur from starting up a new venture. If you went back to January 2007, the iPhone didn't have competition from Samsung's flagship touch-based phones or Google Pixel (because they didn't exist yet). This was a time when Nokia, Blackberry, Sony Ericsson etc were the dominant phone makers and Steve Jobs' original goal was to capture 10 million sales/year with the iPhone, out of the massive mobile phone market. If you went back to January 2004, the Tesla didn't have competition from Ford, Porsche and any of the other ICE car makers that have now announced EV models in their line up. In fact, investors would consider you stupid for asking them to invest in a car company or even one that planned to use batteries because of how messed up the economics of EV production was at the time.
    - altdataseller 4y ago
      All certainly true. My point isnt that its inpossible and that you shouldnt try, its just that it is much harder than it was in the past.
      - vasco 4y ago
        And my point is that, that is a weird way of looking at it, because _now_ it's also the easiest it'll ever be, what does it matter if it was easier in the past? The past is gone.
        altdataseller 4y ago
        Grandfather was talking about how hard it was in the past, and i just commented on my experiences in the past. Of course looking at the past is not actionable, but I never intended to give actionable advice - just provide a comment Also, saying it will be even harder in the future isnt exactly actionable or substantial advice either.

vasco 4y ago

There's still no competition now compared to any time in the future for an internet business.

altdataseller 4y ago
What do you mean? Give me some examples. There are plenty of saturated niches.
- HWR_14 4y ago
  He means "if you think things are crowded now, they'll only be more crowded in the future"
  - altdataseller 4y ago
    I mean thats obviously true?
- ayewo 4y ago
  They will always be niches that certain people deem to be saturated, but that won't stop a determined entrepreneur from starting up a new venture. If you went back to January 2007, the iPhone didn't have competition from Samsung's flagship touch-based phones or Google Pixel (because they didn't exist yet). This was a time when Nokia, Blackberry, Sony Ericsson etc were the dominant phone makers and Steve Jobs' original goal was to capture 10 million sales/year with the iPhone, out of the massive mobile phone market. If you went back to January 2004, the Tesla didn't have competition from Ford, Porsche and any of the other ICE car makers that have now announced EV models in their line up. In fact, investors would consider you stupid for asking them to invest in a car company or even one that planned to use batteries because of how messed up the economics of EV production was at the time.
  - altdataseller 4y ago
    All certainly true. My point isnt that its inpossible and that you shouldnt try, its just that it is much harder than it was in the past.
    - vasco 4y ago
      And my point is that, that is a weird way of looking at it, because _now_ it's also the easiest it'll ever be, what does it matter if it was easier in the past? The past is gone.
      - altdataseller 4y ago
        Grandfather was talking about how hard it was in the past, and i just commented on my experiences in the past. Of course looking at the past is not actionable, but I never intended to give actionable advice - just provide a comment Also, saying it will be even harder in the future isnt exactly actionable or substantial advice either.