Industries tend to evolve into 2-horse-races or monopolies.
“Focus” by Al Ries.
Coca-Cola & Pepsi, as 1 example.
( there is MUCH more in that book: IF you’re doing a startup, please read it! then the Lean Startup stuff. )
Who is Amazon’s competitor?
Who is Apple’s, or Google’s, or Facebook’s?
Bill Gates called it “friction-free capitalism”, when unlike streets, you don’t see any competitor & that makes competition, & market-balancing, disappear
Don’t worry: what Facebook did to MySpace, the Fediverse is going to do to Reddit.
It is only a matter of earning it, & duration-until-then, now.
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cecilkorik@lemmy.ca 1 day ago
Define “competitor”. Hackernews, Stackoverflow, heck even Slashdot is still around. Contrary to popular belief there aren’t as many techies around as there are “normies” so a site that like Reddit that also caters widely to normies is never going to be exceeded in size by a site that caters exclusively to techies.
JohnnyCanuck@lemmy.ca 23 hours ago
I think they mean something like Facebook groups. I.e. a big tech company that has forums similar to Reddit’s, at the scale Reddit has.
golden_king@lemmy.dbzer0.com 22 hours ago
yes exactly i mean that