Hacker News new | ask | show | jobs
by JSDave 2853 days ago
If someone wanted to sell a new app, they have to get people to recognize their brand and install their app no matter what.

Ride sharing companies then also have to reach a critical mass where drivers and riders can match in a reasonable time. I think overcoming that is the network effect.

1 comments

"Overcoming entering into a new market" is categorically different from "Overcoming a mandatory 6 month freeze on your ability to compete while your competitor gets first dibs."