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they won't be billion dollar companies Huh, what? You can't be a billion dollar company by focusing on a niche? Is transporting crude oil from Saudi Arabia t
by wensing 14y ago
they won't be billion dollar companies
Huh, what? You can't be a billion dollar company by focusing on a niche? Is transporting crude oil from Saudi Arabia to the Americas a niche?
They're not exciting
I guess it depends if you can get excited about being massively profitable and making your customers really happy by delivering shoes or lightbulbs, or if it always has to be a shiny photo app.
- astrodust 14y agoYou're basically talking about the best case scenario. Typically it's much more mundane. Most of these niche companies aren't exciting to outsiders. They're doing things that seem ordinary like making labels or floor mats for cars. Obviously some people might be really motivated by such things. There's nothing wrong with boring. Often boring is profitable, predictable, and less prone to disruption than these "shiny" apps that are often a flash in the pan, huge one day, sold for billions the next, and forgotten the week after.
- wensing 14y agoI find it easy to get excited about hard problems regardless of what the company actually does externally. Particularly if that means internally there's a wealth of cash in return for said hard problem solving. I think you'd have to admit that shiny apps flashing in the pan, huge one day, sold for billions the next, and forgotten the week after is also the 'best case scenario'.