Patio11's Law: The software economy is bigger than you think

Re:Patio11's Law: The software economy is bigger than you think by Cthulhu_ on Wednesday May 13, 2020 @09:19AM (#23166599)

You won't need sexy VC capital if you can build a business that runs a good profit. Honestly I'm getting more and more cynical of the SF bubble that doesn't seem to be about making great software, but about getting a lot of investor money and going public - prioritizing short-term profits at the expense of the consumer and employees.

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Re:Patio11's Law: The software economy is bigger than you think by TuringNYC on Wednesday May 13, 2020 @01:07PM (#23169073)

SAP was particularly successful because not only did they make money, but so did the Systems Integration partners.

At Accenture, for example, there were projects where 30-40 full time consultants were flown in from all over the country to do big SAP implementations.

...so you could see how Systems Integration partners heavily sold SAP products.

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Re:Patio11's Law: The software economy is bigger than you think by economicslol on Wednesday May 13, 2020 @11:03AM (#23167543)

But my Blockchain Deep Learning Dog Walking app is going to change the world!! I went to Stanford so I must be right! /s

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Re:Patio11's Law: The software economy is bigger than you think by lowdose on Wednesday May 13, 2020 @04:20PM (#23171372)

Dog walking is not a viable matchmaking platform business model because successful matches cut out the matchmaker, you didn't get the memo?

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Re:Patio11's Law: The software economy is bigger than you think by tradewarsonlyn on Friday May 15, 2020 @04:41PM (#23197149)

Humor fella.. he is kidding!

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Re:Patio11's Law: The software economy is bigger than you think by wolco on Wednesday May 13, 2020 @11:11AM (#23167617)

Have you seen your local software? It is rarely about making great software.. good enough.

Open source tries to make great software. Does the best job.

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Re:Patio11's Law: The software economy is bigger than you think by jlj on Wednesday May 13, 2020 @11:40AM (#23167980)

When good enough software solves the right business problem, it frees up resources to solve the next most important business problem. Good enough software runs many great businesses.

The one unicorn I worked for had so much cash to spend, there were at least 3 teams of 8-10 engineers on the same floor trying to solve similar business and infrastructure problems with different combinations of open source software.

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Re:Patio11's Law: The software economy is bigger than you think by hckr_news on Wednesday May 13, 2020 @11:00AM (#23167514)

Agreed. Running a company with a sustainable business model and healthy profits, not being propped up by VC money would probably do the local economy of one such a city perhaps more good.

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