Re:Meerkat Founder on Getting the Kill Call from Twitter
by pdkl95 on Thursday May 07, 2015 @07:32AM
(#9504288)
You can't accommodate a single point of failure when that failure is a guarantee that you business fails. The problem with making a business without a second source for your key dependencies is similar to the problem in the martingale[1] betting strategy; the failure mode means you're out of the game and you can't finish any strategy you may use to compensate for a failures.
> be acquired
Oh, that explains it. What you're describing isn't trying to be a successful business. Peasants creating an ornate trinket they hope will impress the local feudal lord is not a business plan.
Re:Meerkat Founder on Getting the Kill Call from Twitter
by gfodor on Thursday May 07, 2015 @01:36PM
(#9506814)
You ridicule it, and perhaps rightfully, but it's a pretty good way to make a lot of FU money to be able to turn around and flip off the 'feudal lords' after the handcuffs come off.
> be acquired
Oh, that explains it. What you're describing isn't trying to be a successful business. Peasants creating an ornate trinket they hope will impress the local feudal lord is not a business plan.
[1] http://en.wikipedia.org/wiki/Martingale_%28betting_system%29