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by potatolicious 5526 days ago
Amazon was a long time ago, and AWS/Kindle, while being great products, did not contain really an element of risk the way a scrappy startup does.

I think parent poster has a point - there aren't a lot of recent examples of taking the risk and having it pay off, which may lead to some risk aversion in the community.

1 comments

There are some.

For example Big Fish Games. There's also Tableau Software (although not consumer). Neither large compared to Skype, but both ~$100M revenue companies founded about the time of Skype.

UPDATE: After I wrote this I realized what is different about Seattle than the Bay Area, which is something a previous poster put in parentheticals... (web 2.0/3.0). Look at this list:

Facebook, a Groupon, a Twitter, a Skype, a LinkedIn, an Etsy, a Dropbox

These companies, except maybe Dropbox, are about connecting users together. Not about product. Seattle tends to be more focused on providing product. Is it the case that you are less likely to see a Tableau or Mathematica come out of the Bay Area?