繁體版本請點我 Introduction The monopoly with the last mover and not first mover advantage often turns out to be the really valuable one. For example Google is the last search engine, Facebook turns out to be the last social networking company, PayPal – the last payments company, which are all very valuable. Even if you are the first in some sense, but if you get superseded by somebody else very quickly, your startup is often of much lesser value. When we think about this question o

繁體版本請點我 Class Notes on Lecture 1: From 0 to 1 – Technology and Globalization; Monopoly and Competition. Background: Elon Musk, Pony Ma (马化腾), Satya Nadella and Mark Zuckerberg and others in the innovation and entrepreneurship world have recently given lectures at Tsinghua University (清华大学) and Beijing. Tsinghua graduates form the third largest group of alumni in Microsoft and the rate of unicorn generation in China has almost caught up with the US. More than a million copies