This Business News Story Was Uncovered By Us From: http://www.youngupstarts.com/2018/11/28/building-a-tech-startup-avoiding-silicon-valley-mishaps/
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Every startup faces an initial period of uncertainty and perhaps even public resistance, but the tech field has its own pitfalls that can break a fledgling company before it ever has a chance to find its footing. If you’re looking to bring a product or service to the world that no one has seen before, you’d better make sure you know how to keep it afloat lest a larger company swoop in and carry away all of your hard work.
Beware the tech kill zone.
There are numerous horror stories of clever startups falling prey to a larger, more well-established company hastily offering a competing service to drive its competitors out of business. Unfortunately, tech startups are in a unique sphere that allows companies to produce off-brand services more quickly than would be feasible in the case of a physical product, making it a treacherous field to rush into without a developed idea and something tangible to offer the public.
The technological kill zone can be brought about by direct action from larger companies or even the assumed threat of an established entity pushing towards the service you intend to provide. Google notably bought out Picasa, an early website dedicated to photography and photo sharing, only to reduce its budget and quietly starve it out of the internet when it failed to perform to expected levels. Instagram soon came along and scooped up the remains of its user base, leading it to take over its corner of the market where Google could have easily succeeded.
Worse yet, they may simply hire employees of high skill out of your market area and deny you the workforce you need to make your idea feasible. Make sure your idea is planned and in the process of being brought to life if at all possible.
Predict trends, don’t chase them.
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