4 ms·
a) The point here is not that all the invaders win, just that the companies that do win tend to be invaders rather than incumbents. If Hulu loses to YouTube, th
by cwp 16y ago
a) The point here is not that all the invaders win, just that the companies that do win tend to be invaders rather than incumbents. If Hulu loses to YouTube, the fact that broadcast.com didn't amount to much is scant consolation.
b) Grocery retail is an established market. PG was talking about new markets: "The pattern here seems the same one we see when startups and established companies enter a new market."
- mattmaroon 16y agoa) no, once again, that's just an observational bias. You are thinking of the industries where the invaders win because you don't hear about the others. Invaders usually lose and are forgotten, but occasionally win and are remembered. b) you're not an invader if it's in a new market. you're more of a pioneer then.
- cwp 16y agoa) Yeah, that could be. Even if we limit discussion to the software/internet space, we could be ignoring all the small companies that created a new market then got crushed by Microsoft. b) <shrug> PG chose the term, not me. The point is that you have a startup and an established company competing in a market that recently didn't exist. PG's point was that very often the startup wins. He may be wrong, but grocery retail is not a counter example.