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The author has mentioned "random shit that markets do, like completely ignore clearly superior products..." Can anyone give me such examples?? I am curious.
by kumarvvr 9y ago
The author has mentioned "random shit that markets do, like completely ignore clearly superior products..."
Can anyone give me such examples?? I am curious.
- ddebernardy 9y agoBetamax (vs VHS) comes to mind. As does Microsoft (vs Apple). Prices played a critical role in both examples, but one can put forward that the product was evidently superior than the alternative that ultimately prevailed.
- c1utch1 9y agoMost obvious example is when an enterprise software / hardware startup will have superior product than bigco in their space. However, bigco sales & marketing budget and status quo stop the startup from gaining enough traction for success.