Management First Mover Advantage Discussion

Select one of the three prompts and write one post on the topic. 

• Find an example of a company that blew up around the time of the dot-com crash.Summarize the incident in a couple paragraphs that cover:
  • The name and background of the company;
  • The company’s intended value proposition;
  • Some of the reasons for initial optimism among investors;
  • Some of the reasons for the company’s eventual failure.
• Talk about your own experience with a service or product that used a freemium revenue model. Did you ultimately convert to a paying customer? Why or why not? In your opinion, what is the key to making a freemium model work?
• What is meant by the term ‘first-mover advantage’? What are some pros and cons associated with being a first-mover in a market? Find a historical example of a first-mover who dominated a market, as well as an example of a follower who wound up dominating a market. In a paragraph or two, describe the circumstances that surrounded each of the examples that you found.