Curious parallel to iRobot (Roomba): first mover in new product segment, became genericized name for things in that segment, in the end, (possibly in GoPro's case) could not compete in that segment
Make a great product, stop innovating, and then spend the rest of the life of you company trying to extra as many dollars as possible from the first mover goodwill. Spend as few of those dollar possible innovating or improving the product. Or if you are innovating, it's in ways to break your old products to try and trick your customers into buying more.
The core of the problem is that those who own businesses only care about extracting money from stock and investment. The best way to do that isn't making a good product. In fact, it's practically the opposite.
And the proprietary video format. I want an open source converter but chances are unlikely.
Right now trying to figure out the aesthetics of 360. For one, everything that in real life looks huge, is not so impressive with 360 until you get really close. But at close distance even a beer can looks like a building.
I think it's useful if you have that chase view where you pan around and show the other cars/motorcycles around you
I don't think so. We use Excel not Lotus 1-2-3. iOS and Android, not Palm and Blackberry OSes or whatever mobile shit MS had first. We use Gmail not AOL. Google not Lycos or Altavista. Chrome not Netscape. Facebook and co, not Friendster or MySpace. Word not WordPerfect. Access not dBase. And regarding WhatsApp it's not ICQ or MSN Messenger that we use.
"First to market is the winner even with an inferior product. See whatsapp and telegram"
My point is that this not true, and that "first to market" usually losses.
If anything, what you suggest, reinforces it even more, since it implies that not only "first to market" often loses to a superior product, but even to players an inferior one.