androidsixteen on Warpcast

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@androidsixteen.eth

Conventional Silicon Valley wisdom biases towards being “early” to markets rather than being “late”, but this isn’t an absolute — it’s a trade-off just like everything else in life If your product is addressing a market need that isn’t fully there yet (ie. you’re “early”), then the risk taken is around surviving long enough for the market to mature. You can allay this by being lean, achieving ramen profitability, or raising a fat war chest to ride it out Conversely, if the market is already here (ie. you’re “late”), then you’ll face more competition from other products. You’ll have to battle for customers, and the risk becomes more about sales and speed of execution Personally, I prefer the former. The stress of a competitive category is exhausting, and I’d rather build a product for a market that shows glimpses of maturity. That way, when the market arrives in full, you will have had time to build a great product experience and can just scoop up customers

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Dan Romero pfp

> Conventional Silicon Valley wisdom biases towards being “early” to markets rather than being “late”, but this isn’t an absolute — it’s a trade-off just like everything else in life I don't think that's true. Apple, Google, Facebook were all the last to enter a market that ended up being massive.

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phil pfp

Easier said than done

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avi pfp

exactly https://cdixon.org/2010/11/07/timing-your-startup

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tomu pfp

small scale example, but i can speak from mintgate's perspective. token gating wasn't a thing at all in 2020, and we had to open a market. it was way early, and we didn't manage to survive when demand was there in retrospect, i'm happy we did it, and it's nice to see that now everywhere there's a token gating experience imo, both sides are hard; for me, the first one is more creative

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@degenveteran.eth

Agreed 💯% Slowing learning with a small core group is my preference as well. This rings true with all of this here right now. I'm excited to see where we are in 6 months, a year etc.

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@yes2crypto.eth

I still can’t outsource replies. NGMI

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Gregarious pfp

Perhaps a different framing is around the risk associated with the market as opposed to early or late. Some markets are “new” but clear while others are hidden, embedded, or encumbered such that their age still makes them unattractive. We saw many markets that existed where a technology would be clearly transformative (internet, data, ai) but also lots of industry that were much harder to move (education, government, etc)

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