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I genuinely sympathize with the developers. You put your heart and soul into a project (not to mention years and money), and wake up to find the rug pulled out
by BenFranklin100 2y ago
I genuinely sympathize with the developers. You put your heart and soul into a project (not to mention years and money), and wake up to find the rug pulled out from beneath you. It can be crushing. The only thing I can say is that this is common across all industries. Capitalism offers the potential reward of big profits, but carries big risks. There’s no way around it.
As a founder, always be thinking about that moat and plan for the day you do have competition. If you’re building something of value that demonstrates success you will have competition at some point, and probably from someone bigger than yourself. That’s the nature of life. Fortunately, a rising tide often lifts all boats, so a big competitor can help address the biggest challenge most companies face: capturing mindshare. Think of how you can survive and even flourish in this bigger ocean, be it through better marketing, more advanced features, or addressing more specific use cases in a larger market.
- paulryanrogers 2y agoIt's more fraught when there is only one (or a few) platform(s) to build on, and the platform makers are completing with all the layers above as well. One might even call it a violating the public trust. (Since the public may otherwise not be able to resist an oligopoly that owns the means of production.) For makers above the platform layer, it's like trying to build on sand -- or the sarlacc monster slowly digesting everything above it.