A managing editor of Techistan, gave advice at an ITEXPO open source roundtable around 2005: “Don’t try to beat your competitor or the leaders in your industry. For the first, buy them. For the second, collaborate with them or at least take advantage of them. Don’t waste energy, trying to beat them or standing back staring in awe or jealousy.”
Example 1:
Mobclix is an ad exchange provider for iPhone apps. Mobclix targets users based on location and the type of app to maximize the money that iPhone developers can make. So, of course, it makes sense that

<
Example 2:
Chad and Steve on Google’s acquisition of their service Youtube in 2006.

Example 3:
JP Rangaswami accidentally sacrifices his iPhone during a Mobile Ribbit presentation. He had his iPhone and Blackberry in opposite pockets. Some say Mobile Ribbit is the closest competitor of Google Voice. He could have dropped an Droid phone instead to really take advantage of his competition. Chuckles…