Comments on: Nothing Matters More than The Market http://gigaom.com/2007/11/23/nothing-matters-more-than-the-market/ Business, Internet, Technology & Strategy Wed, 15 Jul 2009 07:13:40 +0000 http://wordpress.com/ hourly 1 By: Credentials? Nah. Judgment is what counts. « FoundRead http://gigaom.com/2007/11/23/nothing-matters-more-than-the-market/#comment-874518 Credentials? Nah. Judgment is what counts. « FoundRead Fri, 30 Nov 2007 08:09:17 +0000 http://foundread.com/2007/11/23/nothing-matters-more-than-the-market/#comment-874518 [...] your company’s prospects, Marc Andreessen says “the market matters most“ — more than product, team, and even [...] [...] your company’s prospects, Marc Andreessen says “the market matters most“ — more than product, team, and even [...]

]]> By: LuckyTommy http://gigaom.com/2007/11/23/nothing-matters-more-than-the-market/#comment-874517 LuckyTommy Thu, 29 Nov 2007 01:51:52 +0000 http://foundread.com/2007/11/23/nothing-matters-more-than-the-market/#comment-874517 Agreed. However the question remains is how do you validate the market assumption? Asides from the obvious (i.e. google and finding a bunch of ppl to survey), does anyone have any links or good literature on frameworks and methodologies to do this? Agreed. However the question remains is how do you validate the market assumption?

Asides from the obvious (i.e. google and finding a bunch of ppl to survey), does anyone have any links or good literature on frameworks and methodologies to do this?

]]> By: Marc Andersen’s guide to Startup « SIMPLETON http://gigaom.com/2007/11/23/nothing-matters-more-than-the-market/#comment-874516 Marc Andersen’s guide to Startup « SIMPLETON Mon, 26 Nov 2007 04:58:32 +0000 http://foundread.com/2007/11/23/nothing-matters-more-than-the-market/#comment-874516 [...] I found these posts via Found+Read [...] [...] I found these posts via Found+Read [...]

]]> By: Aruni http://gigaom.com/2007/11/23/nothing-matters-more-than-the-market/#comment-874515 Aruni Sat, 24 Nov 2007 19:03:01 +0000 http://foundread.com/2007/11/23/nothing-matters-more-than-the-market/#comment-874515 Very true! The trick is to time your product with the need of the market. Many great companies/apps were built way before people knew with even 60 to 80% surety (in my opinion) there would be a market as big as it turned out to be. For example PCs and therefore operating systems turned out to be much bigger markets than people envisioned...there were quite a few naysayers. Take the Internet and it's subsequent applications...I don't think even the best analyst could have predicted that sucesss. It even seems like the success of applications like Facebook and other social networking sites were not easily predicted. I'm not an expert but from my observations it seems like it can take some time for markets to develop and there in lies the luck, the spark, the fun! As Marc says you have some control over most risks (people, technology/product, etc.) but you can be totally blindsided by market changes/risks/unknowns. You can do the best market study in the world and can end up scratching your head when it doesn't pan out like you thought it would. Very true! The trick is to time your product with the need of the market. Many great companies/apps were built way before people knew with even 60 to 80% surety (in my opinion) there would be a market as big as it turned out to be. For example PCs and therefore operating systems turned out to be much bigger markets than people envisioned…there were quite a few naysayers. Take the Internet and it’s subsequent applications…I don’t think even the best analyst could have predicted that sucesss. It even seems like the success of applications like Facebook and other social networking sites were not easily predicted. I’m not an expert but from my observations it seems like it can take some time for markets to develop and there in lies the luck, the spark, the fun!

As Marc says you have some control over most risks (people, technology/product, etc.) but you can be totally blindsided by market changes/risks/unknowns. You can do the best market study in the world and can end up scratching your head when it doesn’t pan out like you thought it would.

]]>