The different views on competition and monopoly along with some words about our visit to Plain Vanilla

Now we've made some progress in changing our mindset more to Bala's vision of the world. Which I like.

My main things to discuss in this blog are competition and monopoly.

It seams that our world is still following the words spoken by Adam Smith too long time ago, which were "In general, if any branch of trade, or any division of labour, be advantageous to the public, freer and more general the competition, it will always be the more so." 

Bale said: "competition is only good for companies not becoming a bully or slowing down innovating(stopping innvoation). Other ways are bad thing."

Now if we revisit that thought of his, we can maybe say that it applies for some part of the economy. However our economic history is kind of short so we should not feel safe to apply that thought completely on our world.

And for startups? Competition is a really bad thing. If a startup has a big company which will bully it harshly, it's innovation will not thrive.

What about the development of your product? Will competition make it better? Or will it make you and your competitor more identical? If you get in the ring boxing with your competitor you are probably gonna wan't show the audience what they are used to watching, boxing. So competition really makes companies often stop innovating and even worse they start making the product the same way.

What about the profit? Competition will destroy profit.

But is a monopoly a good thing then? No of course not! At least if it is being misused then it's a terrible thing. But will a monopoly make sure I can develop my product according to my plans? Yes, maybe. But that's not maybe a good thing.

Now we did spend two hours at least talking about competion and monopoly. And Bala seems to have spent alot of thought on this issue. And my understanding was: Never feel that you are in a competition at least when you are a startup. Because if you are a startup you should be focused on how you can make your products 10 times better than someone out there who may feel like your competitor. And you should be focused on how your consumers would want to pay 10 times more for your product.

So don't mind the other company's trying to get you into the ring for a fight. Put your mind on your product unless you are gonna be in the copying business.


Now about our trip to Plain Vanilla. 
It was nice to see their place which was really cool, probably a great place to work for. They had apparently managed to attract some people across the world to come work for them.

They had a open meeting about Android development which was a bit technical, probably like understanding mandarin for most of the people there.

I found it interested how programming languages have been developing. I did some programming few years back mostly in Java and VBA. I was consistently thinking then how complicated this Java language was and what do you know? Of course some entrepreneurs had the same feeling at that time and have made new languages such as RX Java and Groovy which are way simpler and better. I might as well revisit that career.