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"Suppose there's two competitors, one does all the work of creating or inventing something new. The other just copies it. Costs nothing, it's a sure thing. I'd
by ipaddr 5y ago
"Suppose there's two competitors, one does all the work of creating or inventing something new. The other just copies it. Costs nothing, it's a sure thing. I'd love to be that guy"
The first company controls the market the second responds. The second is always later to market. Without those development costs company 2 has more money but they need to use it to reduce prices to get others to try their product and they need to spend it on marketing.
If company 2 has another advantage like unlimited money or relationships.. they can kill company 1.
- daniel-cussen 5y agoEverybody who knows what they're doing and has a sound business has unlimited money right now. It's good to have cofounders, but...relationships, yeah, I don't know, I don't believe in allies, don't believe in the concept. How would ally and I decide who takes charge? In chess allies are worth nothing. The enemy of my enemy is Daniel Cussen. That ought to be enough.