If they're a copying kind of company, they're probably not as good at building stuff as you, so you can make it very painful to follow you.
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Facebook may be the outlier. (In regards to Snapchat)
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That may well be. Especially in a domain where winning depends on social gimmicks rather than solving hard technical problems.
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I dunno yo. it took a few months but it now seems like snapchat is going to have to climb FB's hillpic.twitter.com/MW8iNbIwBo
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Snap's earnings next month will be verrry revealing. I wish FB would open up on what an Instagram Story "active user" is.
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“Move last and take things”
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"Picasso had a saying - 'good artists copy; great artists steal' - and we have always been shameless about stealing great ideas"
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If innovation is at the core, no one need fear. Coming up with newer and better things will leave people behind. But being smart is needed.
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Going to borrow this the next time a potential investor asks "What if google decides to do this tomorrow?"... wish me luck.
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Agree! No matter how hard they try, even if they have greater resources, they can't copy the will & vision of the original thinkers
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That's a nice euphemism for "You're in a heap of trouble, but it's a good sign. Now work EVEN HARDER!"
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The lower your learning cost, the higher are your competitors' marginal costs. The importance of experimenting
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It really just depends on the competitors drive. Maybe they put in more work and they have better skills!
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What company is this specifically aimed at? I feel like a generalization of this kind is grossly false. Several counter examples.
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.. or they decided to not let you have differentiation and make your hill to match their other innovations even steeper
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IMHO, small company must have a solid strategy lined up and ready to turn on for situations when big competitor decides to copy.pic.twitter.com/4YCML7bgpZ
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Drawing parallels to current situation between
@instagram and@Snapchat -#InstagramStories will always lag behind#SnapchatThanks. Twitter will use this to make your timeline better. UndoUndo
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