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by olalonde 1018 days ago
The point is that there is no way to tell whether a company will become one of the "early failed companies" vs "the first one to be successful". Your strategy is not actionable.
1 comments

"Don't throw money at a new sector of transformative tech looking for first mover advantage because you'll lose."

Seems actionable to me, was it not clear?

You've got to do a lot more, you've got to pick ford will win. Even if you're 100% the tech is massively transformstive. The winners to pick may not exist yet.