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Thanks for sharing, I truly believe a "fast mover advantage" is super important in Startups, especially when a window of opportunity becomes obvious, it's all b
by tyng 16y ago
Thanks for sharing, I truly believe a "fast mover advantage" is super important in Startups, especially when a window of opportunity becomes obvious, it's all but a race of speed to market by a multiplitude of startups.
Having said that, I wouldn't try to steal users from Facebook or Google in the same market today because of the "network advantage" they have created over the years - it's where your friends use, and that makes the website sticky. Maybe there are ways to do it, but I think it's more efficient to try create something completely new.
Perhaps Foursqaure or Gowalla isn't that sticky yet?
- naelshawwa 16y agothanks for the comment. I agree. New startups should look at Facebook and Google as platforms and not competitors. It doesn't just apply to startups though, I think all businesses that make money online have more to gain by being fast instead of first.