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Plus the whole thing of first mover advantage being a myth, especially in the tech industry
by dmix 6mo ago
Plus the whole thing of first mover advantage being a myth, especially in the tech industry
- JumpCrisscross 6mo ago> Plus the whole thing of first mover advantage being a myth, especially in the tech industry Source? That would be surprising!
- dmix 6mo agohttps://hbr.org/2005/04/the-half-truth-of-first-mover-advantage https://hbr.org/2005/04/the-half-truth-of-first-mover-advant... https://static1.squarespace.com/static/5654eb6ee4b0e19716ec5a92/t/56be95b686db43b5489cb0bd/1455330748283/2005_HBR_The+Half+Truth+of+First+Mover+Advantage.pdf https://static1.squarespace.com/static/5654eb6ee4b0e19716ec5... Showing how old I am with that reference A more recent article https://www.productplan.com/learn/first-mover-advantage-fast-follower https://www.productplan.com/learn/first-mover-advantage-fast... I should say it’s “mostly” a myth, there are some fleeting competitive advantages to first mover but a lot of them don’t apply well to tech companies and there isn’t strong historical evidence supporting it.
- 2df 6mo agoWhy? Being a first mover only counts for something if it can yield exclusivity that is durable.. you should know this being a VC and all. Real options - hello? If you want to benefit massively off being a first mover, you better do the work in figuring it out how you are going to acquire exclusivity that lasts long enough that keeps most firms out.