Myths, Legends, Fairy Tales and The First-Mover Advantage
The Seraf Compass
JULY 12, 2023
Entrepreneurs often cite “first-mover advantage” when asked to defend their early-stage businesses. They believe it will help them compete and defend their margins. It has come up several times, both in class discussions and at a MassChallenge panel I moderated on working with angel investors. Since everyone loves a good myth, I figured I would take a moment to examine this one.
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