Post by account_disabled on Jan 24, 2024 6:10:06 GMT -5
Apple's announcement. Spotify CEO Daniel Ek tweeted following Apple Music's announcement: "Oh ok." Spotify’s CEO had a -word response to applemusic — and then deleted it June , The post has since been deleted. Apple's advantage Apple is practically a late mover in the streaming market. ? In the past decades, they taught me including me at university that there is a thing called: . Whoever enters the market first has an advantage over the others.
This is true in many cases. However, Peter Thiel argued Industry Email List the exact opposite in the joint entrepreneurship course of Stanford and YCombinator a few months ago. According to his idea, we should not be the first to enter a market, but the last. The real competitive advantage is not in the hands of the first, but the last entrant. Many companies are only really valuable if they are the last entrants to the given market. Google is the last really big search engine.
Facebook is the last really big social network. And for decades, Microsoft was also the last major operating system. „You want to be the last mover who wins the game” – Peter Thiel In my view, something similar is happening now in the music streaming market. Many players who started early are no longer on first mover's advantage the market eg Grooveshark. And now a player who can radically transform the market has entered.
This is true in many cases. However, Peter Thiel argued Industry Email List the exact opposite in the joint entrepreneurship course of Stanford and YCombinator a few months ago. According to his idea, we should not be the first to enter a market, but the last. The real competitive advantage is not in the hands of the first, but the last entrant. Many companies are only really valuable if they are the last entrants to the given market. Google is the last really big search engine.
Facebook is the last really big social network. And for decades, Microsoft was also the last major operating system. „You want to be the last mover who wins the game” – Peter Thiel In my view, something similar is happening now in the music streaming market. Many players who started early are no longer on first mover's advantage the market eg Grooveshark. And now a player who can radically transform the market has entered.