Learn from what other companies have done

Founded in 2003 by Peter Thiel, Alex Karp, and others, Palantir initially focused on creating software for the intelligence community to aid in counterterrorism analyses and operations. Over time, it expanded its offerings to serve a wide range of government and commercial clients, facing challenges such as data privacy concerns, public perception, and the technical complexity of integrating vast data sources.

Fitbit was founded in 2007 by James Park and Eric Friedman with a vision to make everyone in the world healthier. The company pioneered the wearable fitness tracker, a device that could monitor and record a person's physical activities, such as steps taken, heart rate, and sleep patterns. Despite challenges like intense competition, maintaining user engagement, and data privacy concerns, Fitbit grew to become a leader in the HealthTech industry.

Duolingo started with a simple goal: to make language learning free and accessible to everyone around the globe. The platform offers courses in many languages, turning the learning process into a game-like experience to increase engagement and retention. Duolingo faced challenges in maintaining user interest over time and ensuring educational effectiveness.

Founded in 2003 by Martin Eberhard and Marc Tarpenning, and later joined by Elon Musk, Tesla set out with a mission to accelerate the world's transition to sustainable energy. Initially focusing on electric vehicles, Tesla faced challenges related to battery life, vehicle range, production scalability, and public perception of EVs.

Stripe was founded by Patrick and John Collison in 2010 with the mission to simplify online payments for businesses of all sizes. Recognizing the complexity and inefficiency of existing online payment solutions, Stripe aimed to remove these barriers, enabling businesses to thrive in the digital economy. The company faced challenges in regulatory compliance, security, and scaling its infrastructure to support global transactions.