> A new to the world software start up is trying to serve a need that is currently unserved.
Well, yes in some cases. In lots of others it's just another implementation of existing software. Oh, you're building another food delivery app, because the current one is missing feature xxx?
This doesn't make them bad, the world is full of different contexts, and providing a solution tailored to a specific context is valuable.
But most startups are not "novel". Even in a novel space (like self driving cars) there are a bunch of companies in that space (basically competing for VC money. )
I'm very much in the MVP camp - if anything I'm more extreme- I'm in the "show me a market and how to reach them before coding anything" camp.
There are other parts than the product that can the innovation for a startup. Very few things are novel product wise when they hit it big. Innovation can be bringing existing business model to a new market for example. Then you should most likely 80/20 that new thing.
Comments
Well, yes in some cases. In lots of others it's just another implementation of existing software. Oh, you're building another food delivery app, because the current one is missing feature xxx?
This doesn't make them bad, the world is full of different contexts, and providing a solution tailored to a specific context is valuable.
But most startups are not "novel". Even in a novel space (like self driving cars) there are a bunch of companies in that space (basically competing for VC money. )
I'm very much in the MVP camp - if anything I'm more extreme- I'm in the "show me a market and how to reach them before coding anything" camp.
There are other parts than the product that can the innovation for a startup. Very few things are novel product wise when they hit it big. Innovation can be bringing existing business model to a new market for example. Then you should most likely 80/20 that new thing.