--- title: "Meaning & Key Takeaway of: There are many people who think we had…" description: "\"There are many people who think we had the first-mover advantage. But actually, when Uber came to India, Ola was doing only 2,000 rides per day . We ha..." image: "https://sms4smile.com/quotes/i/afa/bhavish-aggarwal-11867_day_there-are-many-people-who-think-we-had-t_507075.jpg" --- # There are many people who think we had the first-mover… ![“There are many people who think we had the first-mover advantage. But actually, when Uber came to India, Ola was doing only 2,000 rides per day . We had less than half a million dollars of funding.” quote by Bhavish Aggarwal](https://sms4smile.com/quotes/i/afa/bhavish-aggarwal-11867_day_there-are-many-people-who-think-we-had-t_507075.jpg) [Download](https://sms4smile.com/quotes/i/afa/bhavish-aggarwal-11867_day_there-are-many-people-who-think-we-had-t_507075.jpg) [Open image](https://sms4smile.com/quotes/i/afa/bhavish-aggarwal-11867_day_there-are-many-people-who-think-we-had-t_507075.jpg) > “There are many people who think we had the first-mover advantage. But actually, when Uber came to India, Ola was doing only 2,000 rides per day . We had less than half a million dollars of funding.” [Bhavish Aggarwal](https://sms4smile.com/quotes/author/bhavish-aggarwal/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Early market entrants can be outperformed by local competitors who adapt quickly despite limited resources. **In simple terms:** Local rivals can win with agility. Key Takeaway Focus on speed and local insight. Themes competition market dynamics startup strategy Mood strategic analytical Type business strategic When to use this quote - business planning - market entry - resource allocation - strategic pivots Key Concepts first-mover advantage resource constraints Questions to Reflect On - How can you leverage limited resources for advantage? - What local insights can you develop? A Different Perspective Limited funding can restrict scaling and innovation. ★ ★ ★ ★ ★ No ratings yet [Day](https://sms4smile.com/quotes/about/day/) [People](https://sms4smile.com/quotes/about/people/) ## Related quotes > [Compared to Uber, we have a much local business model. 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Although sometimes I think…](https://sms4smile.com/quotes/jane-siberry/everything-i-write-is-highly-personal-but-put-in-such-a-way-that-it-s/) [Jane Siberry](https://sms4smile.com/quotes/author/jane-siberry/) ## More by Bhavish Aggarwal > [I got to travel a lot and meet amazing people. 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