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Like he said. If you are going to be second, you have to bring something really great to the table, something that itself has value, and replaces the value of t
by simondlr 14y ago
Like he said. If you are going to be second, you have to bring something really great to the table, something that itself has value, and replaces the value of the thing you are leaving. To use an example: Sean Parker said Facebook should never have won, considering MySpace's network effect at its height. Facebook was great: it had its own value, but it still had to replace MySpace's massive network effect. Luckily, due to MySpace's lack of innovation at that time, its own value plummeted, making it easier for Facebook to rise up above it.
That's what I would say. Being first is good, because you can capture the market, hence making it difficult for users to switch.