09 February 2013

Why startups shouldn't be afraid of bigger companies

It's always a fear, and sometimes a reality--

Why startups shouldn't be afraid of Facebook cloning them | The Social Analyst - CNET News " . . . Remember when Facebook tried to make a Foursquare competitor? How about the time it tried to make a Groupon competitor, and it went nowhere? The same is true of its Quora competitor(Facebook Questions) and even its Craigslist competitor (Facebook Marketplace). I could go on and on, but the point is clear: a big company launching a clone can be scary, but it doesn't mean Armageddon. There are two other factors to consider: defensibility and vision. . . . a product's defensibility comes from either its technology or its traction. Technology startups' products aren't easy to clone because they have proprietary technology that even the big companies don't have. Just imagine AltaVista trying to clone Google -- it wouldn't have succeeded. . . .


more news below



No comments:

The 7 Habits of Highly Effective Mediocre Entrepreneurs | TechCrunch: " . . . . persistence is not the self-help cliche “Keep going until you hit the finish line!”. The key slogan is, “Keep failing until you accidentally no longer fail.” That’s persistence." - James Altucher

Both Sides of the Table

Venture Capital Dispatch

Startup News

Entrepreneur News

Angel Investor News

Venture Capital News

Venture Capital Survey

Business - SiliconValley.com

silicontap.com - Silicon Valley High Tech News

DealBook - NYTimes

You're the Boss - NYTimes

Bucks - NYTimes