3 ms·

Thanks for this. I didn’t know there was a name for it. We’ve probably accelerated the effects that lead to the equilibrium in many product categories. It takes

Thanks for this. I didn’t know there was a name for it. We’ve probably accelerated the effects that lead to the equilibrium in many product categories. It takes a big mover like an Apple to take the risk to move the needle now, but so many consumer products lack an Apple in that space.

cs702 3y ago
> It takes a big mover like an Apple... or an ambitious entrepreneur with sufficient financial backing willing to take big risks.