I can't remember the last time Google was first to market in terms of a feature, or product. I might be biased, but I think they've been playing catch-up in recent times. Like: Bard, Fitbit, YouTube Clips, GCP, Nest, and more. I'm long Google, and I'm hoping there'll be a change in long-term strategy and growth. Curious to hear all of your thoughts. #google #alphabet #tech #stocks #investements
Even gmail was a copy of hotmail
Why does being first to market matter so much? Many successful products, including Search, were not first to market but are great and/or dominate the market.
Great question! I'm not a product guy, but my thesis is a decent/great first to market gives you a lot of moat and market capitalization. Take ChatGPT for example. It does a decent enough job that I likely won't try out Bard. It's not a one-and-done thing though, you gotta keep improving your product. But you never want to put out a inefficient first-to-market product. Your competitors will quickly catch up and crush you. Harvard has an article: https://hbr.org/2005/04/the-half-truth-of-first-mover-advantage
Google was never first to market was it? It certainly was not the first search engine
Waymo (though under alphabet, not technically under Google) has been first to unlocking pretty much every milestone thus far, hoping it can stay that way. Need to be profitable, or at least have profitable margins though.
Oh cool! Haven't been keeping up on self-driving cars. All the best to Waymo. You could maybe outsource your technology to other car companies.
Even googlers arent long google lmao
A company beyond a particular size it becomes less focused on innovation and more on maintaining existing products. That and burdensome process, maintaining personal fiefdoms, hr/dei type BS all of that seems almost inevitable beyond some critical mass that Goog passed many years ago
Internal sentiment of Googlers is this
what’s stopping this change? a turbulent economy rn? leadership not caring? why has google kinda felt like it’s “slowing down”?
I think it's processes, regulatory concerns, and maybe Google not having a product-first approach.