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by bonesss 3027 days ago
> Maybe being first to market is overrated?

Sometimes being first to market yields an unshakable dominance in that market for a long time to come... Mostly not though :)

What you're pointing out is often called 'second movers advantage'. Apples iPhone is a pretty decent example: by not being the first phone provider Apple got to enter a maturing market with a mature offering, use their own core competencies, and dominate. That's hard to do if you're bogged down with backwards compatibility and fighting to make the tech possible.