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by lyetzz
5096 days ago
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I suppose I looked at Facebook's suffering stock situation a bit more optimistically (at least in the eyes of potential competitors), as I figured it would've opened new doors for competition. In regards to the hosting business, I was a freshman at the time and didn't have the same opportunity I now have to be an early graduate. If it had been up to me, I definitely would've kept it going, but at this point, that market is far too saturated. |
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Look at Craigslist. The UX sucks and they haven't done anything with it in a while. But people use Craigslist, with no one able to displace it at scale, simply because it has gravity and users don't go elsewhere. Niches is the best way to unentrench a social network, but these are just as saturated as vps hosts and aren't likely to get investor attention. I would cut your losses and find lower hanging fruit.