this post was submitted on 02 Oct 2024
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Technology
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For major markets that's actually rare, and usually not even because they under invested, they just didn't quite get it.
Their actually successful strategy is to make an inferior product, sell it slightly cheaper, undermine the competition, then achieve near monopoly.
But your comment is of course funnier. 😋
They can also leverage the ecosystem effect. If it’s well integrated with some enterprise products, companies might buy it anyway.
Just like they did with the smartphone.