One of the best startup podcasts I've ever listened to (can't think of a better one actually).
@m2jr synthesizes Munger's mental model concepts with Thiel's Zero to One ideas and then layers all that over the startup space.https://podcasts.google.com/feed/aHR0cHM6Ly90aGVrbm93bGVkZ2Vwcm9qZWN0LmxpYnN5bi5jb20vcnNz/episode/MTA4NDIyNzEtMDE3OS00Mjg4LWFiMDAtMDU3ODA4YjVkYjk1?ved=0CBsQzsICahcKEwiAl6n2xKjqAhUAAAAAHQAAAAAQAQ&hl=en …
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market...until it is too late. Maples gives two examples, Google vs. Microsoft and the Telephone vs. the Telegraph. Originally, Google was just a search engine but ended up releasing all the things Microsoft did (chrome OS, google sheets, docs, storage in the cloud) in an
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orthogonal way, such that it was difficult for Microsoft to leverage their huge powers to stop them. For the telephone, Graham's original invention could only reach distanes of 250 feet, when a telegram was global. Graham quietly worked on his invention improving it until
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boom! It was too late and Graham's telephone was able to overtake the telegram. Maples also talks about avoiding your enemy's value network and cites Southwest's decision to operate our of Love field as opposed to AA's hub at DFW.
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