3 ms·

Sure you can name a couple of unicorns, but tiktok and snapchat themselves occupy spaces where there are maybe 2-3 competitors at most.

• aeternum 6y ago
  Is it beneficial for there to be more than 2-3 competitors? That may be sufficient from a market POV. There are also areas that are ripe for competition. For example gmail hasn't changed/innovated in nearly a decade. Atlassian's Jira is the leader for bug tracking but is pretty terrible.
  • whimsicalism 6y ago
    > Is it beneficial for there to be more than 2-3 competitors? That may be sufficient from a market POV. Lol I don't know what markets you are talking about, but definitely not from an economist point of view.
    • aeternum 6y ago
      Interesting, is there an optimal number of competitors from an economist pov?
      • lmm 6y ago
        I saw a paper once saying that in any market where the top four competitors controlled more than 60% of the market, they'd act as a de-facto cartel. (I wish I could find it again).