Re:Justin.tv guys launching new mobile video app Socialcam
by staunch on Friday January 28, 2011 @01:02AM
(#2150976)
It's also pretty easy to create a large scale business by taking shortcuts like streaming copyrighted content. Look at Grooveshark, Stage6, or any of the hundreds of popular torrent sites.
For someone who's used to creating normal web products it's shocking to see how fast a site can grow with copyrighted content.
It's not "make something people want" it's "give people what you already know they want but can't get for free".
It's easy to "build a profitable company." Just start an unambitious service business with low costs. But it is much harder to start from that and add scale than to start from scale and add profitability.