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First-Mover Advantage Is About Compound Interest, Not Market Share
- noaharc 18y agoFirst-mover advantage is about network effects, not compound interest.
- lsc 18y agoso are network effects a little like compound interest on marketing?
- lsc 18y agocompound interest on knowledge. heh. I like it. it seems like it would especially apply when you were using a new technology; something for which you couldn't just pay money to get people with more experience.
- medianama 18y agoFirst mover advantage doesn't mean much unless there is a strong network effect at play...
- _pius 18y agoI think the argument is that the point of first mover advantage is customer development more so than the network effect.