Here is a fact: developers tend to overvalue their innovations.

Contrarily, consumers tend to undervalue innovation. This disconnect is fundamental, and explains so many behaviors in Silicon Valley, I'm surprised by the lack of awareness or at least attention paid to these points by venture and early capital investors. It's out there, but it's advice you'll usually only get after you drive a few companies into the ground, and that can be tough advice to learn.  read more »