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by navls 3004 days ago
> Will MySpace ever lose its monopoly? [2007]

https://www.theguardian.com/technology/2007/feb/08/business....

2 comments

People that keep comparing FB to Myspace simply don't understand scale.

Having 2 billion users is not a 1000x better than having 2 million ones. It's more like a million times. The network effect compounds non-linearly.

Facebook (the company) is here to stay. Even if the product is gone, they own 2 other multibillion dollar social networks: Instagram and WhatsApp.

FB is on a whole different level in terms of revenue (and profitability) and users.

While it may be possible that FB fails, there’s not a whole lot of symptoms apparent that it will, unlike MySpace.