1,800 karma · joined March 10, 2010
SpaceX is aerospace: ~$12B valuation vs ~$600B Aerospace & Defense industry size, and Tesla is automotive, $28B vs ~$750B Auto + components market.
Note that Uber, AirBnB, SpaceX and Tesla are probably the biggest unicorns out there.
But you are raising an important point - many industries will be redefined when new competitors are using IT much more heavily. Still, that growth mostly comes from existing players, and I believe the growth of the IT sector itself is limited now.
[1] https://eresearch.fidelity.com/eresearch/markets_sectors/sec...
edit: typos, minor clarifications.
A related anecdote - at my previous job, I was at an annual sales conference event, where Mr. Christensen was an invited speaker. Both before and after his speech, the management kept bragging about "how unique we are", "how fat our margins are", and "how none of our low-cost competitors could match our offering", despite real mid-to-long term danger to their core business, completely ignoring the innovators dilemma, or hoping that it's not applicable to them. It was almost painful to watch. My prediction is that my old company will get disrupted and ceased to play such an important role in just 5-7 years.
I'm not saying tech companies never invest in anything outside of their core products. It's just often those projects are given low internal priority precisely because their (presumed) impact to the bottom line will be small.
[1] https://en.m.wikipedia.org/wiki/Ultrabook [2] https://ycharts.com/companies/INTC/r_and_d_expense
edit: typos
Although not many people realize, tech is a _mature_ sector of the U.S. economy now - it grows at about 3% a year, pretty much in line with GDP. But the perception is different - just ask your friends - and the reason for this is that there are highly visible _pockets of growth_, like Uber/SpaceX/name-your-favorite-unicorn, and people often extrapolate their growth to the rest of the industry.
Now what happens with many tech companies is that they often have a product with exceptional margins and double-digit growth rate, and it makes sense to invest all the available resources into it - better from ROIC perspective - ignoring all the alternatives which either lack volume or high margin to look attractive. This inevitably leads to problems once your exceptional product stops growing, and you realize you have barely invested in anything else.
Just much like Intel with x86 and ARM chips, or Qualcomm, or EMC, or RIM, ... - the list goes on and on.
Even when you look at Google, most of their resources are invested into search/ad business, so when that's stops growing - or, rather, they got all the share from the TV and start growing at a GDP rate - they will be in the same boat.
Edit: typos.
"The Microsoft case is believed to be the first time that an American company has fought against a domestic search warrant for data stored overseas."
$14.99 seems to be a right price, too.
- 5 words
- 1 sentence
- 1 paragraph
- 3 paragraphs
Adding constraints like that really help you focus on what's important. For example, does "Lightweight" section belong to the introduction, or is it an implementation detail? Should you move screenshots up on the page above the "fold line"? etc. etc.
Again, if you target Mac power users (which is the right market you should probably target - much bigger than just developers), I would emphasize higher-level stuff you can do with Mjolnir and ease of use comparing to AppleScript.
For some inspiration, go to App Store and search for "Automator" - you'll see several bundles that help people automate programs like Adobe Illustrator, etc.
Just my 2 cents. Good luck!
Here is some feedback: I have never heard of Mjolnir, or Hydra, before. I visited the page you linked and skimmed through. Here is what I learnt:
- That it's a "Lightweight automation and productivity power-tool for OS X"
- How to try it out
- How to uninstall it, or install it to $HOME
- How to install it's doc sets
- How to work with modules
- FAQ on some very technical questions
- Some high-level phylosophical comparison with other apps ("Mjolnir is more modularized, Slate is more all-in-one")
- Thanks, technical changes, license etc.
I still have no idea what is it, what problems could it solve and what are some typical examples of automation, apart from a single paragraph"start writing some fun staff" in "Try it out" section.
I'm certainly interested in automating tasks on my Mac, but after reading the landing page I have no idea what kinds of tasks it could be. Is it better that Automator? How does it compare? Is it better then writing shell scripts? etc.
If I were you, I would spend 70% of the page to explain what someone can accomplish with Mjolnir and why they should care, and 30% (or less) on the technical stuff. May be I'm not an intended audience.
With relatively small number of paying customers (yet), you have to keep prices high to maintain the profitability of your business.
Think about this: if nobody pays, they will close this service. Just like the bakery will close if nobody pays for the bread.
I sent him couple of postcards telling about this but he never responded, so enjoy this free bread while you can!"
Stealing is stealing, no matter what "justification" one may have about high prices.
edit: grammar
Someone who doesn't have patience decides that selling apps for money is not for them. Fine.
Entrepreneurship requires a lot of hard work and patience. You need to be resourceful.[1] Big news.