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Twitter and Facebook are not natural monopolies in the same way that Ma Bell was. I'm failing to see the similar dynamics you allude to. Is there a network eff
by riffic 6y ago
Twitter and Facebook are not natural monopolies in the same way that Ma Bell was. I'm failing to see the similar dynamics you allude to.
Is there a network effect? Sure. Did MySpace, Friendster, AOL, CompuServe etc have those first mover advantages as well? Where are they now?
- JumpCrisscross 6y ago> Did MySpace, Friendster, AOL, CompuServe etc have those first mover advantages as well? They had the same first-mover advantages. They never achieved Facebook's scale and network advantage. In the early days, Ma Bell also faced competition.