3 ms·
You can’t beat monopolies by doing the same thing as them. You can only beat them through a new tech breakthrough. For example, mobile phones for taxis, LLMs f
by aurareturn 3y ago
You can’t beat monopolies by doing the same thing as them. You can only beat them through a new tech breakthrough.
For example, mobile phones for taxis, LLMs for web search.
A startup can only take on monopolies at rare opportunistic moments.
- veunes 3y agoI think that it may be more difficult for startups to directly challenge monopolies head-on, they can often find success by taking advantage of changing market dynamics for instance