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In many segments, especially ones served digitally, only one or a few companies will survive. It's very much "grow or die".
by HWR_14 1y ago
In 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.