3 ms·
>But I have never seen a software company die because of these things. Now, no. I mean you have to have a good product, but once you've gained traction and mar
by Clubber 4y ago
>But I have never seen a software company die because of these things.
Now, no. I mean you have to have a good product, but once you've gained traction and market share, it can go to shit because you've got lock-in. In 1995, there were a lot of small software companies. Novell ruled networking. Now it's mainly mega-companies. The trick now is if you are a mega-company, you have to buy out the competition. Most startup exit strategies is to get acquired.