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by pudakai 5142 days ago
We're doing the platform approach. I don't think this was part of any grand calculation of where the technology wave is, just that it is the idea we have and it meshes w/our skillset.

The field does seem awfully crowded with social/mobile lightweight apps.

People prosper all over different parts of economic/tech cycles. My father was a developer (real estate kind, a regular "A Man In Full") in Atlanta, he used to always make all his bank during recessions when all the other developers were going broke. Conversely, during the fat times, he never did very well.

We (including Dad) were all aware of this pattern, but never could really figure out why things worked out that way.

1 comments

He's probably too honest, ethical and has a good understanding of risk.

I don't mean to say that everyone else is dishonest and unethical, or that they all have the risk ratio upside down.

But in times of boom, people can sail a lot closer to the wind which can have a big upside on the results. However, in down times people like to deal with those that they can trust.

When the tide goes out, we discover who wasn't wearing their bathing suit, the old saw goes.