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Reflecting on My Failure to Build a Billion-Dollar Company

(medium.com)
2101 points jamesjyu | 2 comments | 07 Feb 19 15:28 UTC | HN request time: 0.508s | source
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AznHisoka ◴[07 Feb 19 16:03 UTC] No.19106033[source]▶
I wasn't interested in the emotional story behind this. But I did resonate with 1 line in particular here: "It doesn’t matter how amazing your product is, or how fast you ship features. The market you’re in will determine most of your growth."

This is so true, in my experience. You hit a roadblock in recurring revenue, not because your product doesn't have enough features, or your team sucks, but simply: your market is smaller than you thought.

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1. duxup ◴[07 Feb 19 16:43 UTC] No.19106340[source]▶
I always think of the market as ... all those shitty services and websites I absolutely hate / or just don't like ... that i still use because I want the service.

Arguably they failed to execute some of what they did (their actual app or site) very well, but it doesn't matter, they picked the right market because I can't stop using it even in the face of other things.

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2. kaybe ◴[07 Feb 19 16:59 UTC] No.19106471[source]▶
Give us some examples of what you're trying to do, maybe someone here will help you in the future.