5.8 The E-Stamp Corporation was first to market in 1997 with the ability to sell stamps over...

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5.8 The E-Stamp Corporation was first to market in 1997 with the ability to sell stamps over the Internet to consumers who print the stamps on their printers (www.estamp.com). By 2001, however, E-Stamps’ 31 patents and other intellectual property were purchased by Stamps.com (www.stamps.com). Study this acquisition and determine why being first to market was not a winning strategy for E-Stamp.

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