Run Fast Enough and You’ll Have the Market to Yourself
Listening to: Hate It Or Love It - The Game
The latest missive from
Robert X. Cringely has a bunch of interesting things to say about Google (and MS and
Apple for that matter), but I thought the most interesting thought was a quote from
one of the Paypal founders:
Not long ago, PayPal co-founder Max Levchin explained to me that rapid development
is an important key to market dominance.“What you want to do,” he said, “is listen to your customers and bring out every two
weeks improved versions that would each take your competitor two months to complete.
That’s when you are on a rocket — they can’t keep up so they can’t compete. They
lose hope and pretty soon you have the market pretty much to yourself.”
