Ask HN: Are you put off building something because it already exists?
41–50 of 301 posts
Re: Ask HN: Are you put off building something because it already exists?
#42It depends on the size of the total addressable market. If the size of your target market is big, even if there are bigger established players, there is always a chance for a small, nimble product to carve out a niche. Established players often head upmarket (especially if they are VC funded). This often gives an opening for a new entrant to capture some of the SMB market share. An example closer to me: the search en…
Interesting idea. How's it going so far? Do you have any customers?
Eventually, there will be certain premium features that maybe only 10% of people will really want, and I will charge for that. Playing the long game here.
Re: Ask HN: Are you put off building something because it already exists?
#43I've long been baffled as to why what I'm building doesn't already exist. Sure it's tough to actually design-and-make, but it's basically a holy grail of computing that a ton of people have, I think, generally wanted since long before I was born. The weird thing is that I often do find people working on similar things. Sometimes they're historical projects I'll find a Wikipedia article on, or sometimes they're posted…
I want to build the same thing. It seems hard so i haven't started working on it.
Re: Ask HN: Are you put off building something because it already exists?
#44Re: Ask HN: Are you put off building something because it already exists?
#45It depends on the size of the total addressable market. If the size of your target market is big, even if there are bigger established players, there is always a chance for a small, nimble product to carve out a niche. Established players often head upmarket (especially if they are VC funded). This often gives an opening for a new entrant to capture some of the SMB market share. An example closer to me: the search en…
I'm one of the people who'd definitely use an alternative to ElasticSearch! I hate the fact that elastic search is using Java. It just takes up too much memory.
Re: Ask HN: Are you put off building something because it already exists?
#46Re: Ask HN: Are you put off building something because it already exists?
#47If your idea isn't unique, you can still succeed, but you have to out-do the competition on something other than uniqueness.
Re: Ask HN: Are you put off building something because it already exists?
#48A while ago, I was in the same boat. Why try to recreate GitHub, or Uber, or Salesforce, or Facebook? And once I discovered any competitors in my idea's field, I would chalk it down to "not worth trying" and call it a day. But then I realized, if my town can have 3-4 Chinese restaurants with the same exact menus (probably supplied by the same exact distributors), and they've all operated continuously for over a decad…
There is a net demand for Chinese food in the area, and there will definitely be such a thing as 'too much or little' supply (though obviously each offer i.e. supply is a little different)
A single restaurant will only be able to meet so much demand, so if there's a niche in terms of region or menu, maybe there's a real opportunity.
GitHub, Uber, FB - they all have network externalizations to some extent, there definitely have economies of scale, and they are playing in a global marketplace (or at least, say 'the Western world').
So, no, it's probably not a good idea to compete directly with them.
In fact, incumbents almost always win - the idea is to do something different enough, solve a problem in a different way.
Slack did not build 'better email' they went up one level and built 'better communication'. And a whole bunch of other things of course. But 'slack e-mail' probably would not have yielded them the same result.
Re: Ask HN: Are you put off building something because it already exists?
#49Re: Ask HN: Are you put off building something because it already exists?
#50Earlier quoted context omitted.
You're making a really good insight here. I just wanna give some examples to add to your point. Here in Indonesia there are 2 big Uber clone (at least initially): Gojek and Grab that are both unicorn. In the beginning, they both started off ride-hailing. But after about 4 years, Gojek morphed into a payment company like Chinese We-Pay. It seems they were thinking of ride-hailing as a good customer-acquisition strateg…
Just do expand a bit further on Grab, they added food delivery and parcel courier services recently, as well as transport subscription services (for around $40 you get 35 car rides a month, for example).