2 ms·
It takes some level of delusion of grandeur to think half a board of a single non profit that just happens to be the first mover can stop the full forces of Ame
by dmix 3y ago
It takes some level of delusion of grandeur to think half a board of a single non profit that just happens to be the first mover can stop the full forces of American capitalism - although I kind of respect the drive/purpose.
They could easily lose any power they had to guide the industry, it was a huge gamble. I remember reading a Harvard business school study showing the first mover advantage repeatedly turned out to be ineffective in the tech industry as there is a looong series of early winners dying out to later market entrants like Friendster->FB, Google, a bunch of dotcom era Ecommerce companies predating Amazon, etc.
They need full industry/society buy in - at an ideological level - to win this battle, they won't win through backroom dealing in a boardroom while losing 90% of their own staff.