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I do not understand why Facebook ranks at the top when they have near monopoly in internet social networking industry. Twitter, Snapchat and TikTok combined do
by mrkramer 5y ago
I do not understand why Facebook ranks at the top when they have near monopoly in internet social networking industry. Twitter, Snapchat and TikTok combined do not have market cap even close to FB plus FB has plenty of space and time to further monetize Instagram and WhatsApp. TikTok is only real competition to FB so far. I voted for Netflix; too much competition and original content is expensive to make.
- dnissley 5y agoThis comes down to the fact that a lot of people dislike facebook -- it says nothing about their how well they are doing as a business.
- neogodless 5y agoI think the argument might be different opinions on the value of social networking. Personally, I think "social networking" has value, but trying to use Facebook is a net negative for me, so I don't get any value out of it at all! On the other hand, I get some value out of SnapChat and TikTok, for as little as I do use them. That doesn't mean one of them will "win" and overtake Facebook for social networking purposes, but it does mean there is competition, and the original open question of how valuable social networking of the sort Facebook provides will remain into the future.