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Google/MS make generic software for businesses and developers. They don't really get involved in specific verticals (aside from obvious ones like cloud, gaming,
by morkalork 3y ago
Google/MS make generic software for businesses and developers. They don't really get involved in specific verticals (aside from obvious ones like cloud, gaming, marketing). Successful start-ups will be the ones taking models from big tech cos and bringing them to the boring verticals those companies have no interest in.
- varjag 3y agoThen one day Google tweaks their model in an unfortunate way and you fall all the way down that vertical.
- erispoe 3y agoCan you give an example?
- damascus 3y agoA large majority of SaaS businesses can be done for free with an Excel spreadsheet, but many of them are still making millions a year.
- taqticsai 3y agoInteresting. Such as?
- maximus-decimus 3y agoYNAB, the budgeting app is a good example. Having it as an online app means you can use it from many computers or a phone, but at its core it's really just a spreadsheet.
- morkalork 3y agoThe same can be said of any of their service offerings. You could build a business around something MS/Oracle/Google provides and they could one day decide to deprecate it.
- varjag 3y agoAnything a SaaS platform provides can be replicated in-house. The same can't be said for a bleeding-edge 10 billion dimensional model.
- pydry 3y agoJust build a product that is even slightly reliant upon customer service. They won't know how to compete.
- cbreezyyall 3y agoThis comment isn't getting the recognition it deserves.