IssueRaiser

You actually answered the question in your statement above.

You actually answered the question in your statement above. It has to be an unmet need. The key word being "un-met" You said: > "hardly anyone really needs another social network" You're absolutely correct. The first phase of social networks had a lot of early adoption for many different social networks circa 2003, because at that time the need was unmet. Then the world settled on a winner, Facebook. Now that's no longer an unmet need. But in reality, there are limits to being able to predict a winner. If that existed, starting a winning business would be easy. We only have heuristics, no crystal ball. Also, spotting a need is not the same as satisfying it. It's why Steve Jobs could arrive late to the party and build a winner that leapfrogged the competition over and over again.

Posted by ijidak on Jul 22, 2021, 7:30 PM

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You actually answered the question in your statement above.

ijidakJul 22, 2021, 7:30 PM

You actually answered the question in your statement above. It has to be an unmet need. The key word being "un-met" You said: > "hardly anyone really needs another social network" You're absolutely correct. The first phase of social networks had a lot of early adoption for many different social networks circa 2003, because at that time the need was unmet. Then the world settled on a winner, Facebook. Now that's no longer an unmet need. But in reality, there are limits to being able to predict a winner. If that existed, starting a winning business would be easy. We only have heuristics, no crystal ball. Also, spotting a need is not the same as satisfying it. It's why Steve Jobs could arrive late to the party and build a winner that leapfrogged the competition over and over again.

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