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This is becoming a thoroughly overused cliché. Generally true, but so overused, there must be cases in which it is wrong.
by yannickmahe 16y ago
This is becoming a thoroughly overused cliché. Generally true, but so overused, there must be cases in which it is wrong.
- vyrotek 16y agoWhile I feel that I agree, I'm having a hard time thinking of any counter examples this morning. Perhaps there are there specific industries where the focus isn't executing or creating but instead just being the first? Pharmaceuticals?
- yannickmahe 16y agoPharmaceuticals seems to be a good example: it's one of the few industries where getting the consumer to know of your product is not the issue (Steve Gary Blank wrote that, if a company found a cure for cancer, marketing would be a non issue). At the same time, being the first with the product guarantees patents and there for lots of money.
- crikli 16y agoThat may be, but it's the rare equity negotiation I enter into where the party with "the idea" understands that they're not going to get majority ownership.