3 ms·
Reminds me of one of my favorite sayings about this topic: "People pay for atoms, not bits"
by astartupaday 17y ago
Reminds me of one of my favorite sayings about this topic:
"People pay for atoms, not bits"
- patio11 17y agoSoftware. World of Warcraft. Text messages. Phone calls. Your gym membership. The $20k of digital goods in your IRA. Brand-name goods (the name is bits, not atoms). Ambiance. Experiences. Charity. Politics. Gift cards. People pay for bits all the time. Don't be afraid of charging for them!
- ojbyrne 17y agoWhat people won't pay for is management and distribution of bits. If your job is to make sure that a bunch of atoms get from Point A to Point B, then sure. It's challenging. If your job is to get bits from Point A to Point B, then the magic word "scalability" becomes your job description. If you're not delivering those bits for near zero cost, then what are you good for?