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by tshtf
5632 days ago
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I have this terrifying feeling that 3 months into the project that a company will have the exact same product and that's 3 months of work down the drain. Apple didn't have the first MP3 player. IBM didn't make the first personal computer. Being first to market might not mean quite what you think. |
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Maybe not the best example. IBM's first PC came out in 1991. Ten years later they were posting billion dollar plus losses which almost killed it. Profitability returned as they began to withdraw from the PC market.