> They are successful due to first mover advantages Zero of the FAANG companies had a first mover advantage. * Facebook replaced MySpace within the course of

> They are successful due to first mover advantages Zero of the FAANG companies had a first mover advantage. * Facebook replaced MySpace within the course of like a year. Today TikTok and other things threaten them. * Apple... well... it was for a long time a huge underdog. * Amazon... born in the dot com era. At the time lots of people thought the company was gonna implode any day. It took like a decade before they even remotely generated something other than a loss. * Netflix... was DVD's, competed against brick & mortor and companies like Kozmo. Today it competes with media companies offering their own streaming service. * Google... plenty of search engines came before google. Not sure how any of these companies became successful because of regulatory capture, network effects or even literal monopolies. None of these companies could be successful in the long haul if their products sucked. Building non-sucky products involves a hell of a lot more than just developers sitting at home writing code 24/7. Success involves building successful processes that encourage innovation.