5 ms·
There's a huge world of $M businesses out there outside of the narrow Techcrunch-oriented ad-driven consumer internet biz. I did consulting for a while and met
by silverlake 14y ago
There's a huge world of $M businesses out there outside of the narrow Techcrunch-oriented ad-driven consumer internet biz. I did consulting for a while and met tons of small niche companies making millions for crappy software (and often crappy service). Long ago a guy at MSR told me they wrote up business ideas for Bill Gates' Think Weeks. He said it was easy to come up with lots of $100M ideas, but no one cared. MS needs $1-10B ideas to make it worth their while.
The reason I'm not rich is because these niches are hard to break into. It's all about enterprise sales to obscure niches. In fact, we need a dating event to pair enterprise sales people and tech founders. I tried enterprise sales, but within a month I wanted to kill myself. It takes a special breed of human to do that.