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17-Jun-2020 21:01

It’s the famous ability to ‘pivot,’ which means that a Tech Company will become whatever it needs to be and will, in time and as pressure increases to show a return, follow the money. Android started out as an Operating System for cameras.

When the video dating site ‘Tune In Hook Up’ shed its niche proposition and mutated itself into a video sharing site by the name of You Tube, it went on to become a hugely popular product.

Which leaves the question about platforms in general, and in this case Medium in particular – what will their future (not present) services be? I just want to make the point that it is not uncommon for startups, driven by the bottom line, to pivot and (since you as a user have no say in this), go in a direction away from your needs. The other issue that came up regarding Medium vs Word Press was the popularity of content platforms.

It is a common argument that you need to ‘go where the people are’ – house your content where you can generate the most hits.

What Chad Hurley and Dick Costolo recognized early on is that there is a huge difference between failing and failure.

Failing is trying something that you learn doesn’t work. True success comes from failing repeatedly and as quickly as possible, before your cash or your willpower runs out.

When the video dating site ‘Tune In Hook Up’ shed its niche proposition and mutated itself into a video sharing site by the name of You Tube, it went on to become a hugely popular product.

Which leaves the question about platforms in general, and in this case Medium in particular – what will their future (not present) services be? I just want to make the point that it is not uncommon for startups, driven by the bottom line, to pivot and (since you as a user have no say in this), go in a direction away from your needs. The other issue that came up regarding Medium vs Word Press was the popularity of content platforms.

It is a common argument that you need to ‘go where the people are’ – house your content where you can generate the most hits.

What Chad Hurley and Dick Costolo recognized early on is that there is a huge difference between failing and failure.

Failing is trying something that you learn doesn’t work. True success comes from failing repeatedly and as quickly as possible, before your cash or your willpower runs out.

Every business plan pitched to investors is eventually ditched to the floor when faced with unforeseen obstacles that can only be discovered by actually launching your startup.