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ah765 | 2 years ago
In my opinion, it was not a very strong position because the allure of money and trying to be the biggest is too strong (as we're seeing now), but I think it was at least coherent.
ah765 | 2 years ago
In my opinion, it was not a very strong position because the allure of money and trying to be the biggest is too strong (as we're seeing now), but I think it was at least coherent.
remarkEon|2 years ago
dmix|2 years ago
They could easily lose any power they had to guide the industry, it was a huge gamble. I remember reading a Harvard business school study showing the first mover advantage repeatedly turned out to be ineffective in the tech industry as there is a looong series of early winners dying out to later market entrants like Friendster->FB, Google, a bunch of dotcom era Ecommerce companies predating Amazon, etc.
They need full industry/society buy in - at an ideological level - to win this battle, they won't win through backroom dealing in a boardroom while losing 90% of their own staff.