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Network effects and platform thinking create a high sense of urgency: time to market is considered crucial. This in combination with a high level of innovation
by ako 7y ago
Network effects and platform thinking create a high sense of urgency: time to market is considered crucial.
This in combination with a high level of innovation means there is a big risk perceived in taking the time to truely evaluate and test new technologies.
And in the end, because most of this is venture capitalist driven, long term effects are not really important: a road to a rewarding exit (ipo or company purchase) is what really drives most investment decisions.