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It's interesting how at least several of the failures were good ideas with bad timing/execution that others have replicated successfully. iCab: Uber obviously
by morgante 2y ago
It's interesting how at least several of the failures were good ideas with bad timing/execution that others have replicated successfully.
iCab: Uber obviously was very successful with this ~same premise
Smart Charter: I assume you can easily book a private jet online now?
Founder's Forge: linking record-keeping and payment is what makes Ramp great; 10 years of fintech innovations made executing this much easier
Spark Innovations: this is basically the premise of Airtable
- rsanek 2y agoAs they say: ideas are easy, execution is everything.
- naijaboiler 2y agoideas are cheap. everyone has them. building a succesful business out of ideas is hard. really hard.
- s__s 2y agoIt’s honestly both. A good idea that’s actually feasible and has some kind of moat is extremely hard to come by.
- antidamage 2y agoMost things that are new but not working can be solved by "I should try this again later" after the landscape has changed a little, whether that's supporting technologies, how receptive your market is, if your market even exists yet.