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second mover advantage

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement May 11, 2020 by Larry Siegel · across every show →

Everything said about second mover advantage, oldest first

May 11, 2020
Insight
Siegel: Second-movers win in tech because pioneering first-movers get shot
“And the first mover advantage is that pioneers get shot. They spend a lot of money and invent the necessary technology, then the settlers get rich. So the second mover advantage is the real advantage.”
Larry Siegel May 11, 2020 ▶ 29:48 Laurence Siegel – Current Myths and Long-Term Optimism (Capital Allocators, EP.137)
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