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Strategies & Market Trends : The New Economy and its Winners
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To: craig crawford who wrote (7125)5/24/2001 12:24:26 AM
From: Bill Harmond  Read Replies (1) of 57684
 
>>``How could a technology that reduces barriers to entry allow the creation of companies whose value is greater than ones that created assets in the real world where you build stores and there are barriers to entry?'' Gates said. ``That paradox has now been resolved -- there was no reason for that to take place.''

By getting there first and executing. That been the history of creative distruction. His argument basically parrots his experience that the established competitor is inevitably going to win in a world where there are reduced barriers like the technology arena he fought Netscape.

I'd tell him to talk to Toys R Us.
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