@naval I remember 1999! :)
-
-
Needs competition # too RT
@naval 1999 $5M to launch product 30M computer users 2014. $5K to launch 3B phone users. Leverage/$ up 100,000x -
@naval product competition is up by a few orders of magnitude, too. -
@naval forgot to mention you could get bought for $19B!! -
@naval way way more real, great companies this time around -
@naval is right on leverage; for 5K your potential market is 3B people. That reach is massive! -
MT
@naval: 1999 $5M to launch a product, 30M computer users. 2014 - $5K to launch, 3B phone users. Leverage /$ up 100,000x CC@BobbyFerreri -
@naval networks are larger so distribution potential has exploded but attention and scalable business models remain hard -
@naval in other words, AFAIK, you still can't purchase success -
@naval yet, even more difficult :/ -
-
@sparkycollier@naval@xdamman I am genuinely in favour of building instant messaging apps as long as people use Node to do it. -
@naval but signal / noise up 100,000x balances out leverage / $ -
RT
@naval "1999 - $5M to launch a product, 30M serious pc users. 2014 - $5K to launch, 3B serious phone users. Leverage / $ is up 100,000x" -
.
@naval except those 30m computer users accustomed to paying $300 for software instead of $0.99 or free. Better but still... -
@asmartbear@naval yes, and now you're competing with a few more developers -
@asmartbear@naval not just 1-1 competition, but competing for finite real estate (top 10 app store lists, front page of angel.co ...)
Naval Ravikant
Peter Merholz
Rob Manson
Jeff Jirsa
Kiran Mudiam
Josh Hannah
John Ramirez
Ted Smith
Matt Wensing
Juan Trouilh
Laurie Voss
Mark Collier
Greg Gerber
Avishai Bitton
∀x: ∃y