3 ms·

I mostly agree. However, it'll be interesting to see how well new competitors can fair in an industry like social media where the product (i.e. us) is already n

I mostly agree. However, it'll be interesting to see how well new competitors can fair in an industry like social media where the product (i.e. us) is already near monopolized on a few large platforms. Personally, I like Parler's interface, and don't mind that it's kind of a conservative bent, but I've heard from other conservatives that the interface isn't as good as Twitters. And it's smaller audience is already keeping some big-names away from it, even people who would theoretically really like the platform, like Ben Shapiro or Scott Adams. They've both created accounts there, but have both signaled that it's just too small of a platform and is a waste of their time to post there, so they stick with Twitter.

motohagiography 6y ago
Those personalities you mention (Shapiro, Adams, etc) are artifacts of the prior platforms. It's meaningless if not better that they do not move. What makes this exciting is new characters and economics will emerge. Former British PM Tony Blair once related an anecdote about why he decided to run for the leadership, when Labour had just lost hard in an election and he heard their campaign lead rant, "I can't believe it, the people voted against us...what's wrong with them?" And that is how he saw his opportunity. Between this cultural shift, tons of idle cash sitting on balance sheet sidelines looking for productive assets and growth, and a winter of semi-lockdowns ahead of us with nothing to do but code, next summer is going to be the most epic year for startups since '96-97. That is, assuming civilization isn't wiped out, but I'm pretty well hedged.