And the ideas may or may not be bad. I don’t know enough about any of the business segments. But to paraphrase the famous Steve Jobs quote “those aren’t businesses, they are features” [1] that a company that is already in the business should be able to throw a few halfway decent engineers at and add the feature to an existing product with real users.
[1] He said that about Dropbox. He wasn’t wrong just premature. For the price of 2TB on Dropbox, you can get the entire GSuite with 2TB or Office365 with 1TB for up to five users for 5TB in all.
now you can, but, what, are you gonna lie down and wait for tech giants to do everything? Not every company needs to be Apple. If Dropbox filed for bankruptcy tomorrow, they've still made millionaires of thousands of people and given jobs to hundreds more, and enabled people to share their files online.
Steve Jobs gets to call other companies small because Apple is huge, but there are thousands of companies that "are just features". Yeah, features they forgot to add!
Out of the literally thousands of companies that YC has invested in, only about a dozen have gone public, the rest are either dead, zombies or got acquired. These are all acquisition plays.
Even the ones that have gone public haven’t done that well in aggregate.
Dropbox was solving a hard infrastructure problem at scale. These companies are just making some API calls to a model.
If an established company in any of these verticals - not necessarily BigTech - see an opportunity, they are either going to throw a few engineers at the problem and add it as a feature or hire a company like the one I work for and we are going to knock out an implementation in a few months.
The one YC company I mentioned above is expecting to have their product written by one “full stack engineer” that they are only willing to pay $150K for. How difficult can it be?
And the ideas may or may not be bad. I don’t know enough about any of the business segments. But to paraphrase the famous Steve Jobs quote “those aren’t businesses, they are features” [1] that a company that is already in the business should be able to throw a few halfway decent engineers at and add the feature to an existing product with real users.
[1] He said that about Dropbox. He wasn’t wrong just premature. For the price of 2TB on Dropbox, you can get the entire GSuite with 2TB or Office365 with 1TB for up to five users for 5TB in all.
now you can, but, what, are you gonna lie down and wait for tech giants to do everything? Not every company needs to be Apple. If Dropbox filed for bankruptcy tomorrow, they've still made millionaires of thousands of people and given jobs to hundreds more, and enabled people to share their files online.
Steve Jobs gets to call other companies small because Apple is huge, but there are thousands of companies that "are just features". Yeah, features they forgot to add!
Apple still doesn't make cases for their phones.
Out of the literally thousands of companies that YC has invested in, only about a dozen have gone public, the rest are either dead, zombies or got acquired. These are all acquisition plays.
Even the ones that have gone public haven’t done that well in aggregate.
https://medium.com/@kazeemibrahim18/the-post-ipo-performance...
Dropbox was solving a hard infrastructure problem at scale. These companies are just making some API calls to a model.
If an established company in any of these verticals - not necessarily BigTech - see an opportunity, they are either going to throw a few engineers at the problem and add it as a feature or hire a company like the one I work for and we are going to knock out an implementation in a few months.
The one YC company I mentioned above is expecting to have their product written by one “full stack engineer” that they are only willing to pay $150K for. How difficult can it be?
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