This is great mate, and to add to your thoughts I feel strongly that the "kill your darlings" approach can be incredibly wasteful - I've seen it lead to a 'race to the bottom'-type situation where studios are slinging as much mud at the wall as they can as cheaply as possible and not developing a decent hypothesis in the first place. There has to be a middle-ground here and I agree that 'pivoting' as opposed to 'killing' might well be a good option.
I also think that - sometimes - the opportunities are where everyone else isn't looking. At times like this when you have a huge amount of consolidation and the resulting pressure for enormous revenues big companies become hugely risk averse which leads them to miss the opportunities of the future. We saw it after the Dotcom bust and at various times since, it feels to me like 2024 and certainly 2025 will see it again - a bunch of companies coming out of left field into these wide open spaces that the big players aren't looking at and stealing everyone's lunch!
Great points. It's a shame that many developers not passing the Valley of Despair by finding the right pivot.
Well framed Joakim!
This is great mate, and to add to your thoughts I feel strongly that the "kill your darlings" approach can be incredibly wasteful - I've seen it lead to a 'race to the bottom'-type situation where studios are slinging as much mud at the wall as they can as cheaply as possible and not developing a decent hypothesis in the first place. There has to be a middle-ground here and I agree that 'pivoting' as opposed to 'killing' might well be a good option.
I also think that - sometimes - the opportunities are where everyone else isn't looking. At times like this when you have a huge amount of consolidation and the resulting pressure for enormous revenues big companies become hugely risk averse which leads them to miss the opportunities of the future. We saw it after the Dotcom bust and at various times since, it feels to me like 2024 and certainly 2025 will see it again - a bunch of companies coming out of left field into these wide open spaces that the big players aren't looking at and stealing everyone's lunch!