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If we were really seeing the effect of monopolies how would Tiktok hold ground in US. FB could have actively gone after it and not allowed FB authentication or
by actuator 6y ago
If we were really seeing the effect of monopolies how would Tiktok hold ground in US. FB could have actively gone after it and not allowed FB authentication or ads of Tiktok on FB. In fact, as mentioned in the article Tiktok grew by leveraging the dominant platforms like FB, Instagram.
I would still wait and watch on Tiktok phenomenon. It is a viral thing but has no moat as such and only $0.5 billion in expected revenue for this year. There are enough companies which can move in this space and suffocate it.
- aqme28 6y agoI think OP's point is that the American startup that could have turned into what TikTok is today (Vine) was bought only so it could be shut down.
- actuator 6y agoVine was acquired pre launch. It was launched and allowed to run for a good amount of time before being shut down. Twitter isn't an example of a well run company considering the alienating things they have done to third party devs but I wouldn't call this an effect of monopoly. Even ByteDance acquired Musical.ly which became Tiktok, they just had a clear idea of what to do with it.