It& #39;s funny how first time entrepreneurs worry about giant cos entering their market, and anybody who& #39;s worked at a giant co tells them not to worry (cont)
The way I think of it now is: you never compete against Google. You compete against a PM at Google, who works 9-5 (sorry!), doesn& #39;t care 1/100th as much as you do, and has 70 lawyers on his back and 6 months of meetings every time he wants to do something
Big cos sometimes do kill startups — but it& #39;s the exception not the rule.
Look at Spotify. 3 of the biggest companies in the world compete with them — Apple, Google and Amazon.
Or Slack — Google, Microsoft, FB all compete.
Or Dropbox — Apple, Google and Microsoft.
All do fine.
Look at Spotify. 3 of the biggest companies in the world compete with them — Apple, Google and Amazon.
Or Slack — Google, Microsoft, FB all compete.
Or Dropbox — Apple, Google and Microsoft.
All do fine.
I could write a book about why big companies have such a hard time competing against startups. But really it comes down to incentives, and to the very powerful antibodies that develop inside big cos (for good reason!) and kill new ideas