10 Greatest Stolen Ideas In The Web
en.miku.ws
en.miku.ws
Plus, their name is subversively brilliant.
Not one of the companies actually became a competitor even though they had the financial resources to crush us. In fact, one ended up purchasing us!
The idea truly is nothing.
Take Skype, which is one of the companies mentioned in the article. No, they were not the first company ever to do voip. This, of course, begs the question: Why didn't the first movers become huge successes? After all they had a lead of around ten years.
Because of execution.
The reason skype became a success was not that they had an idea that was so awesome the money just started pouring in - it was years of hard work, good design and smartness that got them there. I know that they first tried to raise capital in Denmark, but nobody understood what the heck they were talking about, so they had to move abroad and try there. They were basically so set on the idea that they, after having been put down by almost all VC's in their own country they moved abroad to get funding. Their determination is what made them successful, it had very little to do with the idea.
They might just as well have started a filesharing network and had success with that. Oh wait... They did...
Is there really first comer advantage in web2.0 ? looks like there isn't.
It is difficult and expensive to create a new product, and thus a new market. It takes a lot of time effort and energy to figure out what people want and how to deliver it. Almost every new technology startup has a 20 man-years worth of features and ideas that they just don't have time to implement. Similarly, they often have 20 man-years worth of work wasted on features that didn't get used or pan out the way expected.
Contrast this to a "second-comer" company who only has to look at what is currently working for the "first-comer" and look at what is missing that customers want (things on that 20 man-year long list of RFE's). This second-comer has a much more pinpointed goal, they know better what they want to develop and how it should look in the end. They also do not have to wait for a customer base to develop, or expend marketing dollars to create demand. Additionally they can piggy-back on the marketing dollars that the first-comer invested (Check out bar.org, it's like foo.com but without all the annoying baz).
It seems fairly straightforward to me, and not a major change from the Walkman of the late 1970s--a device that was actually innovative, but still fairly straightforward.