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6 Startup Lessons For The Year 2007
- python_kiss 20y agoThe market has a natural tendency to segement. This trend is driven by both, the consumers and the businesses. Considering that point in mind, I believe that the next big social network/startup will be much smaller than MySpace. We are in the era of super-niches; the market we appeal to will get smaller as the competition among startups increase. That said, I would like to propose one "lesson" I did not mention in the article: "As the target niche becomes more narrow, so will the funding". A niche that is sufficiently small might not attract any funding at all! So there is a downside to being small that must remain in check if you wish to attract funding. Enjoy :) - Jawad Shuaib