Yet more proof that we all suck at predicting product success
I love seeing stuff like this, mainly because how wrong it proves "consensus." When the DVD format wars started a few years ago, almost everyone I knew was so confident while saying that Sony was going to lose this war, and that Blu-ray was Betamax repeated.
I didn't know enough about the area to have a strong opinion one way or the other, but figured that all the blogs, magazines, B-School case studies, etc. couldn't be wrong.
But as a friend of mine recently said, "....ecosystems are so complicated, value-chains so complex and different companies execute at such different level and with so much variance that its stupid to be confident in your predictions."
I mean even up to a 4 years ago, I heard enough people say: "Its stupid to try to make money from web applications with advertising as the only strategy." Yeah! :)