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"This market is $XX billion, we only need to take 1% and we'll be rich" is a common startup fallacy. Stealing customers from Oracle is no easy endeavor.
by gfodor 13y ago
"This market is $XX billion, we only need to take 1% and we'll be rich" is a common startup fallacy. Stealing customers from Oracle is no easy endeavor.
- jgalt212 13y agoThat's very true, but Mongo has both a different product and dramatically different price point which should at least give them a fighting chance. You can't take on Oracle with a similar product that sells for 10% cheaper. With that statement, I'm really just parroting some of the tenets of the Blue Ocean strategy, but for the most part that book just makes sense and has validated what I've seen in competitive situations in the various industries I've worked in.