Re:I dropped over 40 grand when I could have spent $100
by chc on Thursday April 18, 2013 @01:22PM
(#5571850)
This is what I hear from everyone besides Ed that I've ever heard on the subject: It's easier to make money with a product that appeals to a few rich people than with one that depends on large numbers of average people buying in.
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Re:I dropped over 40 grand when I could have spent $100
by nostrademons on Thursday April 18, 2013 @06:02PM
(#5573428)
Usually what I've seen is that successful products are often ones that let average people become richer. ViaWeb, DropBox, AirBnB, AdSense, AdWords, EBay, Etsy, Kickstarter, Google Apps - these are all B2B2C products that let ordinary people make some small amount of money doing things that are quite within their grasp.
Re:I dropped over 40 grand when I could have spent $100
by Evbn on Thursday April 18, 2013 @07:26PM
(#5573816)
Goes all the way back to Levi's selling supplies to gold rushed.
Re:I dropped over 40 grand when I could have spent $100
by majani on Thursday April 18, 2013 @04:25PM
(#5572859)
It's easier, but what I've noticed with many companies that follow that model is that a handful of clients(maybe even just one) end up controlling most of the revenue. That sort of buyer power is not good for any company's long-term prospects.