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Should you be a First Mover or Fast Follower?

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Manage episode 319234898 series 2889059
Content provided by Tamas Hevizi and Arpad Hevizi, Tamas Hevizi, and Arpad Hevizi. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tamas Hevizi and Arpad Hevizi, Tamas Hevizi, and Arpad Hevizi or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

For the last 20 years there has been one big debate around technology innovation. Should you be a first mover or a fast follower? First movers would take on higher risk experiments expecting higher returns, but also tolerating higher rates of failure.
Fast followers, on the other hand, would wait for the kinks to be worked out or the market to be validated before investing. So which strategy is better?

  continue reading

82 episodes

Artwork
iconShare
 
Manage episode 319234898 series 2889059
Content provided by Tamas Hevizi and Arpad Hevizi, Tamas Hevizi, and Arpad Hevizi. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tamas Hevizi and Arpad Hevizi, Tamas Hevizi, and Arpad Hevizi or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

For the last 20 years there has been one big debate around technology innovation. Should you be a first mover or a fast follower? First movers would take on higher risk experiments expecting higher returns, but also tolerating higher rates of failure.
Fast followers, on the other hand, would wait for the kinks to be worked out or the market to be validated before investing. So which strategy is better?

  continue reading

82 episodes

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