The Power of Network Effects in Platform Dominance
By
yakattak
Even the toaster can't save this one.
Summary
The article discusses the dominance of first-mover platforms like GitHub, Facebook, and Reddit, emphasizing the power of network effects in retaining users. It argues that once a platform gains widespread adoption, it becomes nearly impossible for alternatives to displace it, even if they offer similar or better features. The author provides anecdotal evidence to support this claim.
Key quotes
· 4 pulled100% it's the network.
The first mover with escape velocity wins.
Github, Facebook, and Reddit have never been unseated.
The amount of energy needed to undo that is massive.
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