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  1. MediumScott Galloway12/24/198 min
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    Medium
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    • Alexa4 years ago

      Is this where our world is now? Bloodthirsty competition? (ok, maybe it was always here) Little idealist me wishes coopetition would take off but still leaves me fascinated by predictions like these.

      More companies pulling from the playbook FB used when they took stories and tried to destroy Snapchat. Not sure they wrote the play, but now it seems they're trying to slow bleed out Slack.

      With any software start-up, there is a non-zero probability that you wake up the next day and find that a better-resourced firm has deployed 200 engineers to copy your product, bundle it with their stack for free, or near free, and … welcome to zero.

      • jeff
        Scout
        4 years ago

        I feel like a lot of the examples from this article were meant to instill fear rather than give a balanced view of free market economics.

        From the quote above: It's welcome to zero for the start-up founders, but welcome to an improved experience for all the customers of the better-resourced firm. I don't think we need any charity programs for start-up founders or their investors. It would certainly be a problem if the better-resourced firm won out 100% of the time, but that is definitely not the case. I'd point to Lasso as an example of how difficult it can be for even the best-resourced firm to "just copy" another product.

        I thought the Netscape example actually served to show the benefits of "featurization." Instead of having to purchase a web browser in a box at a software retailer Microsoft gave everyone a browser for free, Netscape was crushed but its founder is still a billionaire and when Microsoft stopped innovating on Internet Explorer other companies built better free browsers that ended up replacing it.

    • jeff
      Scout
      4 years ago

      I could genuinely use some help with this one. I'm trying to read through the cool professor schtick to see if this guy's actually saying there's anything wrong with what's happening with FedEx or not.

      If Walmart or Shopify can acquire FedEx to better compete against Amazon how is that a bad thing? Anti-trust legislation is meant to protect consumers, not big businesses and more competition for Amazon is certainly a good thing for consumers.