Anyone can be a foolish bozo and try to sell a me-too with hype. But good VCs will be able to see this.
The me-toos that CAN succeed is the one that actually do it better -- they can implement an existing concept in a way that executes better or, in the case of a web service, engages users more effectively.
I just submitted an article from OnStartups.com that talks about this in a little more depth. Maybe this will spur some more good conversation:
The me-toos that CAN succeed is the one that actually do it better -- they can implement an existing concept in a way that executes better or, in the case of a web service, engages users more effectively.
I just submitted an article from OnStartups.com that talks about this in a little more depth. Maybe this will spur some more good conversation:
See http://news.ycombinator.com/comments?id=754