Re:Why to Start a Startup in a Bad Economy (2008)
by jrockway on Wednesday January 18, 2023 @08:29PM
(#34435613)
Aren't you just seeing your failed business without actually having to fail? You have some idea to change the world, someone copies it, they failed miserably; how do you lose there?
There are so many things that were "before their time" and failed, like garbage-collected programming languages. C beat Lisp, because GC was too slow. Then Java beat C, because manual memory management was too dangerous. Being too early is almost scarier than being too late.
Just as a couple of concrete examples:
A paid-for app was a great idea in 2009, but a bad idea in 2013.
A dedicated handheld PlayStation was a great idea in 2005 but an awful idea in 2012.
Self-driving car companies were a great idea in 2017, but a bad idea in 2020.
I think the point is that technology changes and sometimes you need to strike whole the iron's hot.