Comment by qubex
1 year ago
It was outcompeted two decades ago. Friendster, Google+, Orkut… they were all outcompeted by the Facebook juggernaut, and even that has become stale in absence of real competition as younger generations have migrated to Instagram, Snapchat, TikTok, and others.
Friendster was early to the game but it died, and it died for a reason. Let it rest.
You're assuming it has to be the same Friendster that it was back then.
No, I’m assuming that social networking follows Metcalfe’s Law, and that there’s no real way to migrate users en masse, so there’s no incentive to migrate individually if there’s nobody you know there to network with.
Incorrect in the reason, but they did succumb for another reason which hasn't changed, so correct sentiment.
You can't compete against companies that don't have a loss function constraint on their business.
I didn’t really give a reason why I think Friendster died, so how can I be wrong about it?
You gave a reason.
> It was outcompeted two decades ago.
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