A note from Daniel

Importantly, these new shifts also create huge opportunities for startups. In a platform reinvention, everyone incumbent or upstart-needs to start over, and faces the Cold Start Problem. In the shift from websites to mobile, for instance, products needed to be squeezed down to a much smaller user interface that could be operated with big, clumsy fingers and not the dexterity of a small mouse pointer. New ideas could be implemented that took advantage of the unique technology of the phone: cameras, location, notifications, and so on. You couldn't just translate your website into a mobile app; you had to think mobile-first.

Daniel Cold Start Problem, page 109 · September 12, 2023 Save to shelf
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