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Google and Facebook have more access to capital, financial or human, than any of their competitors. If anything they are at a strong competitive advantage in th

• BobbyJo 6y ago
  This thread was about the unfairness of asymmetrical market access, not who is worth the most right now. Side note, in all likelihood, ByteDance would be worth a lot more if they were an American company, even if nothing about their business and revenue changed, because there would be less perceived systemic risk. That being said, the capital difference between them and Google in terms of PPP isn't huge because of lower costs in China.
  • fspeech 6y ago
    I merely refuted your claim of where the competitive advantage came from. It is clearly from the network effect of the first movers. China blocked Google and Facebook so they could not exploit their first mover advantage in China. If US wants to do the same to TikTok for the same reason I am totally fine with it. It is just kind of lame to attribute it to unrelated issues. Of course there is a reason for obfuscation here, at least from the government's point of view. If it becomes the norm in the world to block companies from exploiting their first mover advantage due to network effect across national boundaries, US companies would suffer more.