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Uber is Going to 0, and Benchmark Knows It!
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“Moving first is a tactic, not a goal….It’s much better to be a last mover.” — Peter Thiel On the surface this seems contrarian. When is being last better than being first? Steve Jobs understood this. Apple didn’t make the 1st MP3 player or the 1st smartphone. Yet in consumer tech, Apple is synonymous with both. That was no accident....
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