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TikTok is not the same offering as Facebook though right? It competes in the Instagram and YouTube space. One thing about FB though is that it was the first so
by darepublic 4y ago
TikTok is not the same offering as Facebook though right? It competes in the Instagram and YouTube space. One thing about FB though is that it was the first social media platform that my mom and dad joined. FB was big enough for the boomers to join it. And I figure that is the moat, the boomers who for the first and only time in their lives joined a social platform and they ain't changing it up now.
- eliasbagley 4y agoA moat based on an aging population isn't much of a moat
- classified 4y agoNo moat can change the fact that kids wouldn't want to be caught dead on the social network that their parents or grandparents use.
- oefrha 4y agoOstensibly their core use cases don’t overlap 100%, but as long as you accept that textual medium is just a means to information and is replaceable with video, you can actually get everything you get from Facebook on TikTok — news, commentary, entertainment, friend and family updates, messaging, etc. Plus, on a deeper level, everything competes with everything for your time and attention.
- piceas 4y agoMaybe they will leave it on like a tv news channel in the background. If those they came to follow are gone they will still scroll a feed increasingly filled with ads. When they complain, their friends/family will install something and say touch the dancing penguin/barfing unicorn/whatever to see the latest, it's just like Facebook used to be.