Re:Facebook buys Gowalla
by Nate75Sanders on Saturday December 03, 2011 @03:22PM
(#3308693)
Most people tend to agree that it is not good to have NO competitors.
I believe this is primarily when you're starting out. You're trying to decide if there's a market at all and having competitors lends some credence to that.
Once you already have the traffic that FourSquare does, I don't think it matters anymore. One case where it might be different is if there were some paradigm shift where there were a whole bunch of similar companies for a long time and all of them had dropped out of a dying game while a single company was holding on -- but that's not going on here.
I believe this is primarily when you're starting out. You're trying to decide if there's a market at all and having competitors lends some credence to that.
Once you already have the traffic that FourSquare does, I don't think it matters anymore. One case where it might be different is if there were some paradigm shift where there were a whole bunch of similar companies for a long time and all of them had dropped out of a dying game while a single company was holding on -- but that's not going on here.