Too Long; Didn't Read
Historical precedent shows that the first mover advantage is a myth. Almost ubiquitously the first dominant force in any space is overthrown by a smaller, nimbler, more innovative and agile upstart which is able to iterate far quicker than the incumbent could, avoid all of it’s mistakes while achieving a network effect which rides the coat tails of the trailblazer who has made the revolutionary product appealing to the wider public at large.