3min chapter

The NFX Podcast cover image

"Don't Just Be the Best, Be the Only" with Kevin Kelly & James Currier

The NFX Podcast

CHAPTER

Network Effects Imprisons the Winners in a Prison of Success

The more successful a company is, the more likely they are to use money to try to solve a problem. And so what that means for startups is you need to amplify and augment and enhance the fact that you have lack of resources. The new innovation is always in a territory where there's low profits,. It's unproven. It's high failure rate. No sane person is going to be there. You can't really de-optimizing head and move their thinking everything else into this territory where it's terrible business.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode