4 ms·
Yes, first movers in general have a disadvantage. For example, this is part of the reason why Sega's hardware business died. Admittedly, that was only part of
by amyjess 8y ago
Yes, first movers in general have a disadvantage. For example, this is part of the reason why Sega's hardware business died.
Admittedly, that was only part of it: there was some mismanagement behind Sega's decline too. Actually, you could say the same thing about Sears: the final nail in their coffin wasn't Amazon learning from Sears's lessons but rather Eddie Lampert's deliberately and systematically looting the company over a period of several years. If not for Lampert, Sears would just be another Macy's.
- icelancer 8y agoNo question that they operated poorly on top of just being in an eventually bad position for the future. Sears could have innovated or had a separate department like Xerox PARC and others did that kept them alive a long time, but unfortunately fast movers and disruptors will always have that advantage no matter what you do. Hence why FB and others just buy out all the small companies.