Stevenju
@stevenju
0 reply
0 recast
1 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
really interesting essay from Jerry Neumann suggesting that slower adoption markets are where startups thrive:
"I would argue, in fact, that almost all of the conditions, aside from relative advantage, that cause very fast adoption of a new product work against startups. Slower adoption is caused by uncertainty, after all, and uncertainty is the place where entrepreneurs thrive. If a new product is compatible, not complex, trialable, etc., as well as being a good business proposition, established companies will be quick to bring it to market or be fast followers. This, unfortunately, means that the best strategic position may requires startups to endure slower adoption rates"
https://reactionwheel.net/2024/10/the-illusion-of-acceleration.html 0 reply
80 recasts
88 reactions
0 reply
0 recast
0 reaction
1 reply
0 recast
1 reaction
65 replies
37 recasts
219 reactions
