Re:Is the Lean Startup Dead?
by salt-licker on Wednesday September 05, 2018 @01:50PM
(#17920353)
Good point, I forgot to mention that "race to IPO and cash out" is a viable business strategy, though a sad product strategy. See A123 Systems, Desktop Metal's founder's previous company that went bankrupt. Also the Energous story: https://liesandstartuppr.blogspot.com/2016/04/those-other-gu...
Re:Is the Lean Startup Dead?
by WalterSear on Wednesday September 05, 2018 @02:50PM
(#17920855)
>If you don't take the money, they will go to your competitor, and give it to them instead.
Your competitor is getting funded whether you take the money or not. A failure to have planned for this is a de facto plan to drink the cool-aid.
If you don't take the money, they will go to your competitor, and give it to them instead.
If you're in a space where you can be killed by your competitor selling $1 for 90 cents, that will kill you just as dead.
It doesn't matter if Uber's popularity is a 'real' moat or not, as long as its a moat big enough to drown you.
Sure, a few years later, said competitor will make an announcement on their website about the conclusion of their 'magical journey', but that's not going to matter to you, is it?