This is defeatist.

What do I know, I don't run a billion dollar startup. But there's a valuable "necessary but not sufficient" insight to all good advice. The lean startup IS good advice. The best I can do with your argument is "getting out of the building is no longer sufficient".

Sure. But it doesn't make the entire arch of how we got here "wrong". And yes, all companies were started with a few people, a few customers. So that's why there's nothing much here to see for me, other than defeatist sentiment.

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dminik 3 hours ago | parent | next [-]

It may be defeatist, but it is correct.

Seriously, how do you even realistically approach taking on ASML. They spent decades and billions of (investment) dollars to do insane moonshot research and it paid off. But it also closed off the door behind them.

Entire countries (Russia, China, ...) have been trying to reproduce it. They have not succeeded yet.

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aboardRat4 2 hours ago | parent | next [-]

>They have not succeeded yet.

Reproducing an ASML machine is a piece of cake. Okay, not a piece of cake but definitely doable. The problem is that you cannot sell your reproduction in rich countries because the US government will threaten you with sanctions and US companies will screech "patents!".

	▲	liotier 2 hours ago \| parent [-]
		> Reproducing an ASML machine is a piece of cake. Okay, not a piece of cake but definitely doable. The problem is that you cannot sell your reproduction in rich countries because the US government will threaten you with sanctions and US companies will screech "patents!". ... An argument that may not convince China and Russia, who have a track record of ignoring it - I doubt it is a significant reason why they have not achieved semiconductor manufacture tooling parity.

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apsurd 3 hours ago | parent | prev [-]

why does one need to take on ASML? I had to look it up, semiconductors.

ASML market cap is ~500B. Meta market cap is ~1.5T.

i'm no facebook fan but it was started by a dude in a dorm room.

So I think saying "well those times are gone now" is defeatist.

(fwiw i personally have no interest in building a trillion dollar company from my basement, just talking philosophy here)

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dminik 2 hours ago | parent [-]

If we're going to be like that, we should go for Nvidia. Their market cap is currently ~4T.

I can see that going very well.

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apsurd 2 hours ago | parent [-]

I'm genuinely asking why are we goaling on overtaking the most valuable companies in human history?

Startup advice, as i understand it, is about innovation: expanding the pie. I sound like a VC shill. Don't mean to be, i know it's riddled with rich people passing money around pretending like value is being created.

It's just I don't get what's so wrong with the HN crowd here trying to be better at building a successful company?

	▲	aboardRat4 2 hours ago \| parent [-]
		>I'm genuinely asking why are we goaling on overtaking the most valuable companies in human history? The most valuable companies are expected to be the largest, and, as a result, the most inefficient hence the easiest to overtake.

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throwaway27448 3 hours ago | parent | prev [-]

Hey there's always communism to aim for when y'all fail to improve society

	▲	apsurd 3 hours ago \| parent [-]
		It makes sense to me to try to be good at Capitalism. You're right, it may be a fool's errand, but what's the alternative? FWIW, can't believe I'm replying to literally "throwaway random number" but Capitalism isn't my cup of tea. I rode around on a bicycle for the last decade. But it's what we've got.