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A comment on What to do when an $8 million gorilla launches 3 weeks before you. Parent comment

Re:What to do when an $8 million gorilla launches 3 weeks be... by ErrantX on Tuesday September 29, 2009 @09:17AM (#850295)
Firstly, don't characterize competition as a 8MM gorilla, when they are a startup.

Even when they raised $8M in funding?

http://www.dmwmedia.com/news/2009/09/15/clicker.com-launches...

I think the word startup is the one misplaced :)

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Re:What to do when an $8 million gorilla launches 3 weeks be... by prakash on Tuesday September 29, 2009 @09:20AM (#850299)
Even when they raised $8M in funding?

Yes. $8MM doesn't mean they have customers/users.

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Re:What to do when an $8 million gorilla launches 3 weeks be... by ErrantX on Tuesday September 29, 2009 @09:26AM (#850319)
I dont quite understand the relevance of that? $8M is probably a lot of money from where this guy is sitting :)
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Re:What to do when an $8 million gorilla launches 3 weeks be... by davi on Tuesday September 29, 2009 @10:24AM (#850416)
It's amazing how much money rich organizations can waste, and how much time they can spend on the wasting.

They can get tempted to reinvent a better wheel for $$$, rather than reusing existing wheels for cheap; then they get sucked into a time/money sink of epic proportions while the simpler solution grows like a weed.

Not what always happens, but what can happen.

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Re:What to do when an $8 million gorilla launches 3 weeks be... by ams6110 on Tuesday September 29, 2009 @10:26AM (#850419)
$8MM is a lot of money but that doesn't mean it will be spent wisely. During the dot-com days I worked for a company that had $30MM in funding and pissed every cent of it away.
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