Things that the CEO of the start-up company that raised funds from Google and became a competitor thought
ByAnant N S (www.thelensor.tumblr.com)
Funding from Google and growing fast, the CEO of a start-up company who suddenly competed with Google · Amazon,FusionIn answer to the question about the case where it competed with Google · Amazon.
Q and A: What's it like to have Google and Amazon try to kill your start-up? | Fusion
http://fusion.net/story/119202/q-and-a-whats-it-like-to-have-google-and-amazon-try-to-kill-your-start-up/
ThumbtackIs a start-up company that provides local services to mediate professional services such as babysitter, marriage photographer, makeup artist, etc.
ThumbtackGoogle Capital"Or"Sequoia Capital"We raised 12 billion yen from a famous investment company such as" We rapidly expanded and dominated the local service market. But Amazon alreadyAmazon LocalWe are deploying the same type of service at Google, and we will also enter Google in 2015. Also, Thumbtack is financing from Google Capital, and initially Google Capital said that "Thumbtack and Google will not compete", so the relationship between Google and Thumbtack is complicated.
ByDaveFayram
Below, Mr. Mark, CEO of startup company Thumbtack, answers Fusion's question.
A question:
I think I was irritated by the entry into Google and Amazon's local service, but how does Marco really feel?
Mr. Mark:
It certainly got irritated by the entry of Google and Amazon, but on the contrary it also feels like allowing us to enter Google and Amazon local services. I feel like admitting Google and Amazon to enter, but I do not want to compete with Google and Amazon. However, as we are in the world of competition, it is unavoidable for anyone to enter.
A question:
Does Thumbtack say that Google Capital lied that "Thumbtack and Google do not compete"?
Mr. Mark:
We might have been lied to Google Capital. At that time, I believed in Google Capital's words "Thumbtack and Google do not compete". But in fact later Google Capital was a separate entity from Google that I found later that Google Capital can not give directions to Google's actions. However, I do not think that investing in Google Capital's Thumbtack has led to competition with Google.
A question:
Did you think that Google and Amazon would be competitors?
Mr. Mark:
For Google and Amazon local service was not a big market, so I thought I would not enter the local service.
A question:
Does Marco regret not having raised funds from Google?
Mr. Mark:
I decided to compete with Google, but I have not regretted it yet.
A question:
Does Thumbtack fear the existence of Google and Amazon?
Mr. Mark:
Thumbtack is not afraid of Google and Amazon. The reason is that Google and Amazon can not provide services like Thumbtack.
A question:
Is there any advice for other startup companies as a startup company that experienced this kind of thing?
Mr. Mark:
If you are not in the market where Google, Amazon, Facebook is entering your company, your company is probably doing the wrong thing.
A question:
What was your first response when you heard the Google and Amazon local entry plan?
Mr. Mark:
Thumbtack seemed to be the highest level in TV games, my feeling was good.
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