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Naval Ravikant ‏@naval Apr 15

1999 - $5M to launch a product, 30M serious computer users. 2014 - $5K to launch, 3B serious phone users. Leverage / $ is up 100,000x.

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7:19 PM - 15 Apr 2014
  1. Peter Merholz ‏@peterme Apr 15

    @naval I remember 1999! :)

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  2. Rob Manson ‏@nambor Apr 15

    Needs competition # too RT @naval 1999 $5M to launch product 30M computer users 2014. $5K to launch 3B phone users. Leverage/$ up 100,000x

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  3. Jeff Jirsa ‏@jjirsa Apr 15

    @naval product competition is up by a few orders of magnitude, too.

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  4. Kiran Mudiam ‏@KiranMudiam Apr 15

    @naval forgot to mention you could get bought for $19B!!

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  5. Josh Hannah ‏@jdh Apr 15

    @naval way way more real, great companies this time around

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  6. John Ramirez ‏@johnramirez Apr 15

    @naval is right on leverage; for 5K your potential market is 3B people. That reach is massive!

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  7. Ted Smith ‏@Tedsmithphd Apr 15

    MT @naval: 1999 $5M to launch a product, 30M computer users. 2014 - $5K to launch, 3B phone users. Leverage /$ up 100,000x CC @BobbyFerreri

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  8. Matt Wensing ‏@mattwensing Apr 15

    @naval networks are larger so distribution potential has exploded but attention and scalable business models remain hard

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  9. Matt Wensing ‏@mattwensing Apr 15

    @naval in other words, AFAIK, you still can't purchase success

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  10. Juan Trouilh ‏@juantrouilh Apr 15

    @naval yet, even more difficult :/

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  11. Laurie Voss ‏@seldo Apr 15

    @naval @xdamman QUICK EVERYBODY BUILD MORE INSTANT MESSAGING APPS.

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  12. Mark Collier ‏@sparkycollier Apr 15

    @seldo @naval @xdamman snarkchat aka seldochat

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  13. Laurie Voss ‏@seldo Apr 15

    @sparkycollier @naval @xdamman I am genuinely in favour of building instant messaging apps as long as people use Node to do it.

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  14. Greg Gerber ‏@Gerbz Apr 15

    @naval but signal / noise up 100,000x balances out leverage / $

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  15. Mark Collier ‏@sparkycollier Apr 15

    @seldo @naval @xdamman my life is eventually consistent, surely... Given enough time.

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  16. Avishai Bitton ‏@Avishai_Bitton Apr 15

    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"

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  17. ∀x: ∃y ‏@asmartbear Apr 15

    .@naval except those 30m computer users accustomed to paying $300 for software instead of $0.99 or free. Better but still...

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  18. Matt Wensing ‏@mattwensing Apr 15

    @asmartbear @naval yes, and now you're competing with a few more developers

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  19. Matt Wensing ‏@mattwensing Apr 15

    @asmartbear @naval not just 1-1 competition, but competing for finite real estate (top 10 app store lists, front page of angel.co ...)

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