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in practice, yeah they can be only one product. ' Due to the SV playbook of using 0$ pricing to corner the market. some markets are inherently monopolistic. so
by dzonga 5y ago
in practice, yeah they can be only one product. '
Due to the SV playbook of using 0$ pricing to corner the market. some markets are inherently monopolistic.
so yeah either favor the incumbent or favor the person, with the largest share due to network effects.
network effects aren't priced effectively in the market. or neither accounted for in monopoly law.
for examples look at the fight between uber / lyft / chinese ride hailing companies etc.
Hence we need standardized data transfer policies or protocols.
- throwuxiytayq 5y agoThe real problem is, these products are $0 and really good. I've seen countless examples of greatly-executed newcomers displacing the leading solution. Most knockoff services don't understand that they need to be genuinely, perceptably better than the competition to succeed. Easy example of a success story: Discord.
- spfzero 5y agoOr Zoom. They’re like the 8th try at this, but they crafted a product with much higher value, out of an old idea.