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<blockquote data-quote="paninaro" data-source="post: 1337597" data-attributes="member: 5266"><p>What "first-mover" advantage do Twitter, Facebook, and Google have? Before Twitter there was Tumblr, before Facebook there was MySpace. Before Google, there was Lycos, Altavista, Ask Jeeves, Excite, and Yahoo. </p><p></p><p>These services are market leaders because they executed well in terms of product and marketing. But the cost to entry to build your own competing product is relatively low because cloud computing resources are cheap. Plenty of room for competition, if you can build a good product and market it well.</p></blockquote><p></p>
[QUOTE="paninaro, post: 1337597, member: 5266"] What "first-mover" advantage do Twitter, Facebook, and Google have? Before Twitter there was Tumblr, before Facebook there was MySpace. Before Google, there was Lycos, Altavista, Ask Jeeves, Excite, and Yahoo. These services are market leaders because they executed well in terms of product and marketing. But the cost to entry to build your own competing product is relatively low because cloud computing resources are cheap. Plenty of room for competition, if you can build a good product and market it well. [/QUOTE]
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