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Issue with disrupting existing payment modalities is that you need scale, which is really hard to do when you are a startup and there is not much differentiatin
by Cherian_Abraham 14y ago
Issue with disrupting existing payment modalities is that you need scale, which is really hard to do when you are a startup and there is not much differentiating you from the rest.
Ubiquity trumps novelty. Every single time.
- rythie 14y agoWhich is of course a catch-22, though people like Facebook and Foursquare solved this by launching in small geographic areas first to get ubiquitus in those areas. Oh look, Droplet is targetting Birmingham UK, first - looks like they know this.