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Executing an idea, means monetizing that idea

5 pointsby adiialmost 14 years ago

2 comments

adamskialmost 14 years ago
I'm not sure I entirely agree with this article.<p>Obviously having a well thought through idea of the "end game" in terms of monetisation / business model is a powerful thing, but given the tendency of start-ups to adapt and pivot, this can overly dominate thinking early on.<p>The simplest case studies are the ideas whose value is linked to the size of the community / user base. eBay were able to get round this by only charging the community once it was large enough (ie I imagine they already had the monetisation "end game" in mind) - but twitter, facebook? Not so much.
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ewalkeralmost 14 years ago
Have been pondering that myself with a very HOT start-up idea I'm working on. Thanks - gave me some clarity.