| ▲ | Making Startups Powerful(paulgraham.com) | ||||||||||||||||
| 20 points by aaraujo002 8 hours ago | 6 comments | |||||||||||||||||
| ▲ | tumdum_ 5 hours ago | parent | next [-] | ||||||||||||||||
> is there a way to make the money flow through it? It's always good when money flows through you. Ah, yes! The dream of being rent seeking middleman! The first thing that come to mind when I think “hacker” ;) | |||||||||||||||||
| ▲ | WalterGR 4 hours ago | parent | prev | next [-] | ||||||||||||||||
31 comments so far on this earlier submission: https://news.ycombinator.com/item?id=49684196 | |||||||||||||||||
| ▲ | austin-cheney 7 hours ago | parent | prev | next [-] | ||||||||||||||||
> Another thing I'm always looking for is tails that could wag the dog. The history of startups is full of these. Paypal started out doing security for hand-held devices. They created Paypal as a demo of their security software. But then eBay sellers started using it to take payments, and after a couple months the founders acknowledged that this was the business they were now in, even though they hadn't meant to be. So whenever founders build something peripheral to the main product I always ask: could this be the real product? Reminds me of Slack. https://techcrunch.com/2019/05/30/the-slack-origin-story/ I never understood why anybody would pay for Slack when its based on IRC and IRC is free, but whatever. I guess when you are spending other people's money and all your employees are super insecure these kinds of things pay for themselves... maybe? | |||||||||||||||||
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| ▲ | sublinear 5 hours ago | parent | prev [-] | ||||||||||||||||
> Since startups make the best stuff, they're strongest on level playing fields. They're weakest in markets dominated by companies you'd describe as mafia. Record labels are mafia. PBMs are mafia. In these worlds you don't win by having the best product. Indeed you may only even exist for as long as the mafia chooses to allow you to. Which is not to say they can't be defeated. They probably can be, but you'd have to do it by coming in from the side — by somehow making them irrelevant, rather than by frontal attack. Then you wouldn't depend on beating them to succeed; it would be an ancillary benefit of winning in another dimension. I think this is the strongest point being made here. It so accurately describes the situation in every category of software that it almost makes the rest of the post obsolete advice. | |||||||||||||||||