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|It's been pointed out on HN before that a reliable way to make money is not to do something new and groundbreaking that people may or may not want, but to look
by lotusleaf1987 15y ago
|It's been pointed out on HN before that a reliable way to make money is not to do something new and groundbreaking that people may or may not want, but to look at what's already in demand and making money and find ways to do that competitively or better. Nothing wrong with what Yahoo is doing here in that respect, more power to em.
I think the term is 'fast follower' and they exist in every industry. Remember all those local yogurt shops that popped up when Pinkberry became popular? Or when Red Bull became popular Monster and Rock Star came shortly after. I would also consider Samsung, Hyundai, Huaweii, LG, and a few others fast followers.