๐๐พ Years ago I had a conversation with Ofer Vilenski – ย Ofer founded a software tools company in his basement, which grew into a profitable company. With the profits of that company, Ofer founded Jungo, to develop an operating system for routers (like an Android for home devices). In 2005 Jungo became profitable, with over 170 employees. A year later, Jungo was acquired by NDS (acquired by Cisco, NASDAQ: CSCO) for $107M.
๐๐พ Ofer is an early example of solo entrepreneur that made it – In our conversation we discussed two option for growth into a success – The first is organic into a small business that can make profits and economic independence and the second is VC enabled growth in which you may end up with a big public company or a nice exit that will make comfortable life for you and the generations to come. The default is of course a dud, which should be dropped on the spot.
๐๐พ Ofer was programming from an early age, but today, programming skills are not a necessity. Even layman can start programming using AI tools like Claude, Copilot or Gimini, and more dedicated tools like V0 by Vercel, Bolt by StackBlitz, and Lovable can actually build applications from GenAI prompts.
๐๐พ This is leading to a proliferation of small applications with multiple features written by various authors that will lead to an even more complex ecosystem than the one of mobile apps, because there is no organized market for such application, hence the gap the between building something and success in mining market potential is growing even larger.
๐๐พ This is exactly the curse of dimensionality – Software solution space is growing so rapidly due to democratization of knowledge and tools, that it becomes increasingly hard to discover a good solution or combination of ones, that fits the needs.