> Businesses that use better, more expensive models will be more successful.
Better back of house tech can differentiate you, but startups history is littered with failed companies using the best tech, and they were often beaten by companies using a worse is better approach. Anyone here who has been around long enough has seen this play out a number of times.
> startups history is littered with failed companies using the best tech, and they were often beaten by companies using a worse is better approach.
Indeed. In my idealistic youth I bought heavily into the "if you build it, they will come," but that turned out to not at all be reality. Often times the best product loses because of marketing, network effects, or some other reason that has nothing to do with the tech. I wish it weren't that way, but if wishes were fishes we'd all have a fry
Sometimes the best tech is too early and too expensive.