“Starting too late is usually not a killer. Scaling too early can be.” — @cz_binance at @EASYResidency S4 Demo Day During his fireside with @ellazhang516, CZ explained that premature scaling often exposes what isn’t ready: the financing, the product-market fit or the market itself. Binance entered a market with thousands of exchanges and still found a way to grow. First movers aren’t always the eventual winners. A later entrant can still catch up, as long as the product is differentiated enough.(YZi Labs)