3 ms·
By...not competing? As long as you're profitable (read: your expenses are lower than your incomes), what does competing to be "the best" (whatever that even mea
by ambicapter 1y ago
By...not competing? As long as you're profitable (read: your expenses are lower than your incomes), what does competing to be "the best" (whatever that even means) provide you?
- ngriffiths 1y agoI think in this context "competing" means having a meaningful market share, which would help reduce time the world spends on the alternative useless gamified/addictive apps
- klabb3 1y agoAnd if it gets meaningful ”market share”, the business incentives are pulling in the direction of growth, which is the articles point.
- HWR_14 1y agoIn many segments, especially ones served digitally, only one or a few companies will survive. It's very much "grow or die".
- aeve890 1y agoPardon my ignorance but is that expensive to run a social platform?
- DeathRay2K 1y agoRunning a social media platform can be very expensive, and it only gets more expensive every day. Media takes a lot of storage and bandwidth, and you basically have unbounded costs if you want to meet user expectations for posting media.
- ambicapter 1y agoThat's a narrative that makes no sense. If a company is profitable, it doesn't "die". If customers like your product and their friends are on your platform, they have no reason to leave to another.