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Why You Shouldn't Give A Crap About Early Startup Competition
(maplebutter.com)
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7 points
by danmartell
5259 days ago
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60% will kill themselves Either by co-founders fighting, wasting money, not listening to the market, raising money from bad investors, and a thousand other decisions that they’ll have to make to succeed. 29% will pivot They’ll move into a completely different market doing something totally unrelated to what they’re doing today. I should know. 10% will get swallowed up Some big company will come by and acquire them, only to smother their team or dilute the potency of the product. That leaves 1% to create something meaningful in the market you’re in and act as true competition. The odds are against them (and you – so stay focused). |
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