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by tarunkotia 1381 days ago
Also known as Innovator's Dilemma https://en.wikipedia.org/wiki/The_Innovator%27s_Dilemma

Most established players don't want to cannibalize their existing market by launching a product in a niche segment. Sales and Marketing $$$ eat into the profits which is not easy to justify when you are profitable. If you are fighting for your survival then it's easy to reallocate resources to fight.