> just piling on solving the same problem that others are solving, whether that is intermediating between buyers and sellers (I think of these as virtual market makers) or greasing ecommerce (branding, virality, advertising, shipping/billing logistics, Etc.)
And yet, those are also enormously important problems to solve.
What made Amazon worth billions of dollars to millions of people?
Logistics.
What made Facebook worth billions of dollars to millions of people?
Logistics.
What made Airbnb worth billions of dollars to millions of people?
Logistics.
What made Netflix worth billions of dollars to millions of people?
Logistics.
What made Uber worth billions of dollars to millions of people?
Logistics.
Why did some people think computers were a fad, or the Internet was a fad?
Because they vastly underestimated the tremendous importance of automation, communication, and coordination to mankind.