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You must also consider competition. Myspace's relative lack of competition catapulted it to the #1 spot within 3 years [1]. Facebook overtook it at Myspace's 5
by jakevoytko 16y ago
You must also consider competition. Myspace's relative lack of competition catapulted it to the #1 spot within 3 years [1]. Facebook overtook it at Myspace's 5 year mark.
Alexa isn't scientific, but surely some inferences can be drawn from their data: [2]
If you feel you have a superior product, or that you could out-compete someone else, then consider quitting your day job. If you're making money, someone will form a cargo-cult version of your business. Be ready!
[1] http://en.wikipedia.org/wiki/MySpace http://en.wikipedia.org/wiki/MySpace
[2] http://www.alexa.com/siteinfo/myspace.com http://www.alexa.com/siteinfo/myspace.com