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If someone wanted to sell a new app, they have to get people to recognize their brand and install their app no matter what. Ride sharing companies then also ha
by JSDave 8y ago
If someone wanted to sell a new app, they have to get people to recognize their brand and install their app no matter what.
Ride sharing companies then also have to reach a critical mass where drivers and riders can match in a reasonable time. I think overcoming that is the network effect.
- ccvannorman 8y ago"Overcoming entering into a new market" is categorically different from "Overcoming a mandatory 6 month freeze on your ability to compete while your competitor gets first dibs."