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by narnianal
2364 days ago
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Sadly the author doesn't understand what iterating quickly means. It's not a means of achieving greater performance in a known area, but a means of finding something that works in an unknown space. So the completely opposite argumentation would've worked. For the last 10+ years we spent iterating over several startups to find how to use this new technology of mobile and internet, and now that we have found most reasonable usecases we can slow down and optimize them. On the other hand there are always areas we don't know much about, like in the areas of shared knowledge, in the niches. There of course quick iteration continues to be the way to go. |
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I will quibble though on the "now we can slow down and optimize them" part.
What's happening in practice is that those startups who "lucked" into successes playing the risky-but-many game of mobile & internet technology... those startups now focus on defending their "moats" and optimising their revenue streams.