Fast mover advantage(elshawwa.blogspot.com)
elshawwa.blogspot.com
Fast mover advantage
http://elshawwa.blogspot.com/2010/08/fast-mover-advantage.html
I think people should think more about the "Fast Mover Advantage" (I'm surprised there is no Wikipedia page on this today). The fast mover is able to counter all the hypothetical advantages associated with the first mover.
2 comments
Thanks for sharing, I truly believe a "fast mover advantage" is super important in Startups, especially when a window of opportunity becomes obvious, it's all but a race of speed to market by a multiplitude of startups.
Having said that, I wouldn't try to steal users from Facebook or Google in the same market today because of the "network advantage" they have created over the years - it's where your friends use, and that makes the website sticky. Maybe there are ways to do it, but I think it's more efficient to try create something completely new.
Perhaps Foursqaure or Gowalla isn't that sticky yet?
Having said that, I wouldn't try to steal users from Facebook or Google in the same market today because of the "network advantage" they have created over the years - it's where your friends use, and that makes the website sticky. Maybe there are ways to do it, but I think it's more efficient to try create something completely new.
Perhaps Foursqaure or Gowalla isn't that sticky yet?
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