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If your business can be killed by another company changing a regex, was it a business in the first place?
by andr 14y ago
If your business can be killed by another company changing a regex, was it a business in the first place?
- kristofferR 14y agoReal enough to raise several millions multiple times, hire a medium sized team (22 according to CrunchBase), and be featured in multiple prestigious publications like TIME, Bloomberg TV and Fast Company at least. And to be fair - this "cashtag" isn't the product StockTwits, it's just a feature of it (albeit an important one).
- dinkumthinkum 14y agoThat doesn't mean it's a real business at all. It could be a sign of over hype, over valuation, and just foolishness. I mean, the proof is in the pudding here. I guess there was very little risk management done here. Joel Spolsky wrote about not making this mistake awhile back, though I have "google block" and can't seeM to find it (maybe it was on a podcast).
- joeblau 14y agoWell if they "raised money" then when Investors asked them the question along the lines of "Who are your competitors, and who might become competitors? Who do you fear most?" StockTwits should have clearly seen this coming. I wrote a similar app called TwitSkills which used Twitter to post and search job skills and even I knew that Twitter could steal my idea in the blink of an eye.