• chaogomu@lemmy.world
    link
    fedilink
    English
    arrow-up
    2
    ·
    17 hours ago

    You’re skipping a lot of what made those companies happen.

    Google was actually good once. They had a clean, usable website in an era of pop-ups and overused animated GIFS. Also, their search actually worked. They also had a bunch of cool programs and tools that they’ve since killed.

    Facebook was also sort of good. But not really. Most of that was a sort of first mover advantage. Myspace existed, but didn’t catch on, and then Facebook comes along, and it has a bunch of free games (that steal all your data). Since Facebook was most people’s first social media, and their family’s first social media, they get locked in.

    Bill Gates’ Mom was on the board of directors at IBM and forced the company to use her son’s OS.

    • hirihit640@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      1
      ·
      13 hours ago

      first mover advantage

      That’s basically what I’m referring to here. Facebook wasn’t the first social media platform but they were the first to capture enough users to monopolize the space. Yes all these companies had technical innovations too, but if you dig into Polymarket you can probably find some too. All of that doesn’t matter if you can’t get enough attention to reach critical mass though.

      • chaogomu@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        ·
        13 minutes ago

        The difference is, polymarket is a betting app in a saturated space.

        It provides no useful service, just betting.