A while ago I had the pleasure of attending one of ATB Boostr’s pitch events. A couple of our students and alumni were pitching their companies for crowdfunding support from the crowd of 300.
What do Google, Apple, and Facebook have in common? None of them were “first movers” in their core market. With Google, they weren’t even a second mover (you old guys will remember Infoseek and AltaVista). . .
When RIM/BlackBerry was going through its first growth spurt, we were hiring hundreds of new employees and I was tasked with bringing in talented product managers. One candidate named David went through the gauntlet of being interviewed by 4 or 5 of us and got a thumbs up . . .