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Slides by students in class #4, last mover advantage in eToro Startup Course
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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!