4 ms·
Not really. Early/immature tech causes early movers to overspend and be invested in the wrong things. Early, usually the tech is expensive so it's perceived to
by johbjo 5y ago
Not really. Early/immature tech causes early movers to overspend and be invested in the wrong things. Early, usually the tech is expensive so it's perceived to be valuable on its own. Later, when the tech has diffused and is ubiquitous, it's clear that various secondary things create the actual value.
Successful early movers realize how the value-creation is going to happen once the tech is mature, and focus on that.