> The crucial moat that Facebook has is simply the massive nimber of registered users
How well does that moat work in practice? What was the rate of decline in other networks (such as Friendster and MySpace)? I've always gotten the impression that these shifts happen quite quickly.
How well does that moat work in practice? What was the rate of decline in other networks (such as Friendster and MySpace)? I've always gotten the impression that these shifts happen quite quickly.