A very wise couple of sentences from Marco’s “Mutex Nintendo” post:
Over the last few years, I’ve learned a lot about competition. The biggest lesson has been that in most cases, products and companies live and die by their own actions, not their competitors’.
Although I have first hand experience of a company that took a fatal blow from a competitor, that has been the exception.
Fatal? Could we have recovered from it? Perhaps, but there were other opportunities at the time that seemed more promising and less of an uphill battle.