Hmm, that's actually a good point, I didn't realize the primary source was so sketchy. Thanks for correcting me, seems I was too quick in my judgement. I'd like to edit/delete my comments, but I don't see the interface. Are HN comments immutable?
16 karma · joined January 8, 2014
It now seems that we may have overvalued this effect. In fact, startups can grow quickly because new tech makes the first mover advantage tenuous; why should the effect that allowed us to climb the mountain now prevent others from doing the same?