In this edition of Startup Milestones we explain why it pays to work at a corporate before going at it alone. Especially in B2B, you wouldn’t want to start your startup straight out of school. First, spend a couple of years working for a mature company in that industry. Paulo Gomes, cofounder of Wizdee, names three reasons why this is the better strategy. And he knows what he is talking about – after only a few years, Wizdee was named in Gartner’s report as one of four global leaders in natural language search, next to Google and Microsoft. Amazing! The full interview starts at minute 6:45 on Startup Milestones podcast.
Domain and industry knowledge
Paulo is convinced that if your startup plans to build a complex product for a specific domain, knowledge of that industry is essential. If you work in that industry, “you learn the pains, problems and shortcomings of existing solutions”, he says. And you see how the value chain is set up, how companies work together economically, and how they integrate technologically.