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What Groupon and LivingSocial Cannot Offer

Harvard Business Review

But a new study shows that no amount of buzz, excitement or first mover's advantage will lead a product to sustained growth. In business, we too often forget that what we are selling is value: we instead try to sell technology, or packaging, or just plain vaporware. At least that is the conventional wisdom.

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The Hidden Costs of Initial Coin Offerings

Harvard Business Review

Those benefits fall into three categories: To jumpstart network effects that provide a first-mover advantage: Many of the projects being built using blockchain technology are “protocols” that govern the interactions between users in a decentralized autonomous network. How ICOs Constrain.

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Why We Shouldn’t Worry About the Declining Number of Public Companies

Harvard Business Review

In sum, digital strategies and rapid technological obsolescence increases the mortality rates among existing public firms, but does not correspondingly increase the demand for IPOs. Such acquisitions become more lucrative with rising first-mover advantages, pace of technological development, and network externality.

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