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by cryptica
1754 days ago
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I'm not a fan of validating ideas. The problem is that modern people often like things which are not good for them (e.g. processed foods, drugs, social media, bureaucracy, etc...). The product might make them less efficient or harm them, but people still like it for some reason. Customers are often irrational, especially with the current heavily manipulated monetary system. I only want to work on products that are beneficial for users (in a meaningful, long term way), even if people might not understand the benefits today (and it might not sell at all). Bootstrapping (unlike VC funding) allows you to wait out the insanity instead of forcing you to profit from it. If you have a good product, people will come to their senses sooner or later - You will get steady, linear growth but it will be solid growth. Most of the time, exponential growth is fickle. Users got overexcited, they made an impulsive decision; the next phase is disillusionment. |
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