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Surely, being literally banned kills the network effects quite quickly? If they sense blood in the water, you'll have Eurobook in a week, and that's that.
by heartbeats 5y ago
Surely, being literally banned kills the network effects quite quickly?
If they sense blood in the water, you'll have Eurobook in a week, and that's that.
- durnygbur 5y agoThere had been dozens of Eurobook attempts and somehow FB have prevailed. The best any could do was popularity at single country level.
- heartbeats 5y agoYeah, but they'll have way better chances if FB isn't around.
- oytis 5y agoBut also, it has obviously become a risky business.
- heartbeats 5y agoI mean, not if they comply judiciously with EU law. It's not like Facebook have been famous for the care with which they have followed all the rules laid upon them.
- oytis 5y agoMy thought process was like this. In order for a social network to capture the market, it should attract as many users as possible, because having your friends, relatives, coworkers etc. in a social network is why people use them in the first place. Therefore it will have to be free for users. Therefore it will have to make money in some other way, which will probably have something to do with user data and/or user attention. If they find a way to do that in a way that is compliant with the current EU regulation, the public sentiment towards making business with user data is such that this will likely be seen as circumventing the law as soon as the company will become successful enough. Which in turn will result in more regulation introduced to cover what you do specifically. What could work is what many (most?) European startups do - pretend to try to capture the market, get acquired by a large company before shit hits the fan and when it predictably fails it's not your problem anymore.
- axiosgunnar 5y agoCase in point: China