News for hackers. Stuff that matters.

A comment on Elliott Management buys stake in Twitter and seeks to oust Jack Dorsey. Parent comment

Re:Elliott Management buys stake in Twitter and seeks to ous... by SlowRobotAhead on Saturday February 29, 2020 @12:29PM (#22451709)
This is a bad argument. Google tried to make a Facebook competitor... google... and failed spectacularly.

If Google resources can’t overcome the momentum of a big service; then no one can except over a long time.

So while I’m very free hand of market sometimes, I realize the reality that these are currently monopolies in their spaces and have to resources to prevent competition via lawsuits and acquisitions.

[ Parent | on HN ]
Re:Elliott Management buys stake in Twitter and seeks to ous... by rootusrootus on Saturday February 29, 2020 @12:40PM (#22451782)
Google's attempt didn't simply fail because of network effects, though, it failed because people didn't like it. It wasn't very similar to Facebook at all.
[ Parent | on HN ]