3 ms·
I agree, network effects is the answer. All other explanations about "feeling the love" and "unsophisticated design" are post-hoc justifications.
by shalmanese 18y ago
I agree, network effects is the answer. All other explanations about "feeling the love" and "unsophisticated design" are post-hoc justifications.
- andrewljohnson 18y agoNetwork effects is as glib an answer as "got there first." These things can be a factor, but are not an explanation.
- davidw 18y agoIt's not the only factor, but it's an important one.
- foulmouthboy 18y agoI don't know why first mover advantage wouldn't be a good explanation for this case. Just because other companies squandered their first mover advantage doesn't mean they didn't have it initially. The big barrier to entry for a Craigslist competitor would seem to be brand identity since people want to buy and sell where they know other people are buying and selling. First mover advantage plays a big part in establishing that brand identity.
- tokenadult 18y ago"Got there first" is an explanation. It's an explanation of why some American pioneers became rich in railroads and slightly later arrivals didn't, for example.
- mhartl 18y agoI'd say "got big first" is a slightly more accurate phrasing, but the gist is the same.