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Yes, there are two reasons something might not seem worth doing: because someone else already owns the market, and because the market doesn't seem big enough.
by pg 14y ago
Yes, there are two reasons something might not seem worth doing: because someone else already owns the market, and because the market doesn't seem big enough. I addressed that here:
A startup can't hope to enter a market that's obviously
big and yet in which they have no competitors. So any
startup that succeeds is either going to be entering a
market with existing competitors, but armed with some
secret weapon that will get them all the users (like
Google), or entering a market that looks small but which
will turn out to be big (like Microsoft).
- ryanx435 14y agoyeah, you covered it, but you glanced over it very cursorily while matt maroon addresses the issue much more in depth and in a much clearer way.
- tomasien 14y agoOr "it feels trivial". My uncle spent most of Thanksgiving dinner bitching about how trivial Facebook is. I'm sure he'd find a lot of people who agree with him, but Zuck and the first 100 employees at Faceboook can just laugh at them behind stacks of money and rock solid analytics.