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Sometimes it is the second mover in a market that wins for this very reason. For example, say Waymo does all of the hard work of establishing regulations and m
by deweller 2y ago
Sometimes it is the second mover in a market that wins for this very reason.
For example, say Waymo does all of the hard work of establishing regulations and making all the big mistakes. Tesla then comes in later and is able to benefit from Waymo's public lessons. Because Tesla can set a direction more clearly, they might leapfrog Waymo.