3 ms·
Thanks for sharing! I've often pondered that effect before but never knew it had a name. In my case I was thinking of AWS versus "newer" competitors like Goog
by guitarsteve 8y ago
Thanks for sharing!
I've often pondered that effect before but never knew it had a name.
In my case I was thinking of AWS versus "newer" competitors like Google Cloud Platform and Azure. AWS has a lot of services and usually keeps them running and backwards compatible. Newer companies could avoid making the less successful services and copy or take inspiration from the most successful services.
- hinkley 8y agoThe latter is the Innovator’s Dilemma. Every bad decision my competitor made that I can identify ahead of time just narrows the gap. This is why I favor execution excellence over cheap wins. If you can consistently introduce features quarter after quarter year after year, you can run down a competitor. And your sales guys can position the product with that story. But it takes money and intestinal fortitude, and both are in short supply.