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by aaron-lebo
2237 days ago
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Reddit faked users and content at the beginning, as the founders have stated. If you were building Reddit today, it's something that directly benefits from network effects, as does any social app or site. Search engines are difficult, but DuckDuckGo isn't a massive operation, and it doesn't take a ton of manpower to spider the web, nor was machine learning even really an option 10 years ago (not as easy as it is today). Sure, Uber is less appealing, but it's a very physical product. There are some businesses that require capital and scale, but to get a basic minimum viable app up is not something that takes a large crew. You've got to make something that enables you to make a living, and then you scale up. If you have the option to get funding first and then build, yeah, it's probably a better way to do it because you'll be able to build in a lot more comfort and you'll be able to do more, but that's the whole point of bootstrapping, you bootstrap, then you grow. It's that I can think of probably half a dozen pretty sizeable websites in sizeable markets that have had next to no competition for years, and they're not exactly technical marvels nor in some cases user friendly. Why have we not seen competition as the price of tech dropped and dropped and dropped over the last two decades? The things you can do on a cheap, cheap droplet are pretty wild. The very notion that in an industry where you can literally build things anywhere that the expected approach is that you move to the most expensive locale in the US says that we've really taken a very narrow and kind of unimaginative approach. We're supposed to be an industry all about innovation. Where is it? |
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