Being first doesn't guarantee success. If anything, being first is fraught with more peril; since you don't have anyone to copy or compare to. And, depending on how innovative your product offering, you might be too early for VCs to get it too, making raising money even harder. Often, when a space heats up, after the first few companies have gone in and made their mark, is when you'll see even more money pour into it.
Is it really better to have first mover advantage?
Posted by luckycharmer under StrategyFrom http://www.instigatorblog.com 5768 days ago
Made Hot by: on July 10, 2008 4:19 am
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5767 days ago