http://sethgodin.typepad.com/seths_blog/2007/10/radiohead-an...In the middle of that post Seth talks about industries, specifically:
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Most industries innovate from both ends:
* The outsiders go first because they have nothing to lose.
* The winners go next because they can afford to and they want to stay winners.
* It's the mediocre middle that sits and waits and watches.
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I guess to some extent you can draw the same co-relations with startups:
1. People who believe that they have nothing to lose go first -- recent college grads, etc.
2. These would be the serial entrepreneur's
3. Everyone else
