the last mover advantage (startup class slides)

The Last Mover

Advantage

I. Escaping Competition

II. Lies People TellA. Avoid the DOJB. Market LiesC. Market Share LiesD. Cash and Competition

III. How To Own a Market

IV. Creating Your MarketA. Choosing the Right MarketB. Monopoly and ScalingC. Some Examples

V. Tech Frontiers

VI. Frontiers and People

The last mover advantage

How benefic is it to be in a competitive

field? - Mara

When you give your “all” to one field, one goal where competition is fierce you believe that

failing is the end of you/of your career.WRONG:

Peter Thiel missed an interview for the carrier he prepared his whole life and a few years later

invented PayPalWalt Disney was fired by a newspaper editor

because he "lacked imagination and had no good ideas."

don't be the first... be the best!;

IRA

For a company to own its market it must have some combination of:

Brand

Scale cost advantages

Network effects

Proprietary technology

Yoni Assia

A person's or company's aspirations can only be reached when competence, vision and reality work together.

Dara Sandow - Vandel

Moving first isn’t always an advantage. Think about poker. If you’re the last to bet,

you have the most information. The endgame is where the most decisive moves

are made.

Ido Frishman

In England the Crown issued letters patent providing any person with a monopoly to produce particular

goods.

Mostly issued to people how were prepared to pay for it.

Monopole

Asi

Miri KedemMiMiriMijsakdjhkaj

Only 32 pieces on the board and 64 squares those pieces can occupy

• Know the relative value of your pieces.

• Know how your pieces work best together.

• Know the phases of the game and have a plan.

• Talent matters; there is more to success than luck.

• Chess is a brutal mental game. So is life. Make your moves carefully.

Estrella Demonte

We're not a monopoly.. the regulator is!