Ankle biter economy

Great points by old friend and classmate Dave Maney in Forbes. A classic stealth play problem for large platform businesses where there are low barriers to entry. Dave actually talks about the millions of drag races that small companies start and inevitable the big companies lose. Of course, this is great in the aggregate, but it isn’t too comforting to know that only one in a million survive, even if the cost of starting is low. So, it might make sense to make a play that gives you a protect niche at first before taking on the big guys. So Netflix might start doing mail order before it competes with Blockbuster and Sony Universal. Facebook might start with doing college networks before taking on Google and Yahoo. Tesla might start with an exotic roadster before building a Camry killer.  You get the idea 🙂