Valeriy Ostrikov argues that successful companies integrate existing technologies in innovative ways rather than inventing technologies themselves. Facebook integrated news feeds and content aggregation rather than inventing those technologies. Google launched Chrome 20 years after Netscape and integrated the highly successful PageRank algorithm invented decades prior. Ostrikov concludes that Gem4me's strategy for success includes developing on a rapidly growing, non-monopolized market by integrating latest technologies like fintech, bots, conversational economics, marketplaces, and money makers.
5. Google launched Chrome 20 years after the Netscape browser. In addition, before Chrome
there were Explorer, Opera, Firefox. The core algorithm of Google (reference link weight)
was invented 50 years before Google was founded.
6. Conclusion: the majority of great companies
have grown by integrating the currently
existing IT-developments into their business
7. How major businesses are built: accumulation of experience over 2-3 years
on the vastly growing non-monopolized market.
8. Not a single one of these companies: Telegram, Badoo, Playrix, Wargaming (World of Tanks)
was the first one on the market. Not one is a monopolist. They kept hitting the same spot
over a long period of time until they reached success!
9. Gem4me: the strategy of
success:
1. Developing on a rapidly growing
market
2. The market can’t be monopolized
3. Has one of the most competent
team of developers
4. Integrates the latest technologies:
fintech solutions, bots,
«conversational economics»,
Market place, Money Maker, Army
of fans