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> separate questions of "will this product be successful", and "will we make money out of it". In part, the dilemma is borne out of the fact that for almost eve
by chintan 15y ago
> separate questions of "will this product be successful", and "will we make money out of it". In part, the dilemma is borne out of the fact that for almost every company, those aren't separate questions at all.
NOT unless you are looking at Silicon Valley companies. Here both these questions ARE different. Think Facebook, Twitter etc, the "success" (and implied "scale") is more important than whether there is a direct or immediate revenue source. That is why we see BIG disruptions in Silicon Valley and not elsewhere. Generally, VCs bear the cost for growth period and entirely new markets are created. Just because the "innovators" were not burdened with the question of making money from the get go.