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"It’s not about coming to market soonest. "

First Mover effect seems only relevant when goverment warrants are involved. Think radio licenses, medical patents, etc. Everywhere else, being a first mover doesnt seem to correlate like it should to success.





Network effects.

See social media, bitcoin, iOS App Store, blu-ray, Xbox live, and I’m sure more I can’t think of rn.


Network effects are maybe akin to "phsyical effects". Non-monopoly but physical space is also another 'first mover' type of moat.



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