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Who Cares If It's Been Tried Before? - by Elad Gil

blog.eladgil.com · 417 words · saved by 1 readers

When Dropbox launched, there were at least half a dozen other "online storage" businesses in existence. The Apple iPod entered a market litered with crappy MP3 players. Google was famously the Nth Internet search engine. Stripe launched into a market crowded with Braintree and Paypal, and before that Authorize.net and others. Uber was not the first way you could order a taxi, although their spin on black cars was unique. Facebook was yet another social network in a market "saturated" by Myspace, Friendster, Orkut, Bebo, Hi5 and others. Some good ideas have a lot of bad implementations before someone comes in and does it well enough to win big. Every large market, and every good idea, will have half a dozen others who are digging around the edges of it. Many of these companies will be doing something similar to your own idea, or will provide a service that at a high level sounds similar. In some cases these companies will win if they have a superior product or an unfair advanta

Who Cares If It's Been Tried Before? Elad Gil Apr 22, 2013 14 1 Share When Dropbox launched, there were at least half a dozen other " online storage " businesses in existence. The Apple iPod entered a market litered with crappy MP3 players. Google was famously the Nth Internet search engine . Stripe launched into a market crowded with Braintree and Paypal, and before that Authorize.net and others. Uber was not the first way you could order a taxi, although their spin on black cars was unique. Facebook was yet another social network in a market "saturated" by Myspace , Friendster , Orkut, Bebo

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