Competition is not market validation
www.ablg.io - 40 poäng - 13 kommentarer - 27814 sekunder sedan
Kommentarer (7)
- joshuamcginnis - 4795 sekunder sedanMy views on market validation have changed with age. What I've observed after talking to hundreds of founders is that it's now so easy for someone to enter a market that it seems like those that are successful are the ones who managed to _create_ their market. No matter how smart or how good your idea is, many many successful ventures are successful because of some intangible / hard-to-reproduce circumstance that allowed them to create the market. It could be investor /pr momentum, connections, regulatory friction or some other intangible, but whatever it is - it's not something that could be easily reproduced because it's nuanced for every founder and company.
- nkotov - 9161 sekunder sedanThis one strikes straight to the heart. We pivoted post YC batch to what was hot at the time and saw a lot of competition (some raising millions more than us). We thought this market validation. Five years later, almost every single company on that list has either died or pivoted.
- tehlike - 4390 sekunder sedancompetition is for losers. https://www.wsj.com/articles/peter-thiel-competition-is-for-...
- - 4786 sekunder sedan
- leetrout - 13110 sekunder sedanIgnore the competition. Dont ignore their customers.
- syed123 - 12400 sekunder sedanWhy not check your passion and interest regardless of presence/lack of competition and then you can play a long game instead of being in a reactive state.
- themafia - 12692 sekunder sedanCtrl-F: "Customer" (2 results) [both describing customers as a fungible always present entity that must deal with you].
Yea.. maybe change your focus?
Nördnytt! 🤓