💯 agree with this viewpoint Today there are hundreds of products in every vertical that should really be features not products 🤯 Who actually enjoys having 20+ software applications to run a business? I’ve yet to meet a degenerate who does 😂 Building a compound startup or true system of record is not for the faint hearted. Everything is harder. Navigating through the complexity and the breadth vs depth conundrum is agonising 🛣️ 🧟♂️ But if you can stick the course and execute on this strategy successfully to build the ‘one stop shop for X’ both the customer and the software provider get incredible rewards 🏆🏆 #compound #startup
This sounds like a developer business model not a consumer one. Over and over again small start ups have disrupted incumbents by targeting one weakness and solving the pain for users. Being locked into one vendor or software solution when another more suited to your needs arrives is a nightmare for consumers.
Dmitry P. you’ll enjoy this article given your successful horizontal platform approach at emma | Cloud Management Platform
We see this in the schools MI world a lot. Nick Finnemore thoughts?
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Founder & CEO
6moWorth a read, Rippling’s Series A memo on building a compound startup: https://www.rippling.com/blog/rippling-series-a-pitch-deck-and-memo