article thumbnail

NewTV Is the Antithesis of a Lean Startup. Can It Work?

Harvard Business Review

Because the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. The mantra of “ first-mover advantage ,” the idea that winners are the ones who are the first entrants in their markets, became the conventional wisdom in Silicon Valley.

IPO 8
article thumbnail

Structure Your Global Team for Innovation

Harvard Business Review

To ensure first mover advantage, the schedule was extremely aggressive. Or begin building a capability in global innovation now to take advantage of lower development costs, faster time to market, and, most important, the ability to leverage dispersed knowledge to gain competitive advantage.

article thumbnail

Structure Your Global Team for Innovation

Harvard Business Review

To ensure first mover advantage, the schedule was extremely aggressive. Or begin building a capability in global innovation now to take advantage of lower development costs, faster time to market, and, most important, the ability to leverage dispersed knowledge to gain competitive advantage.