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qez | 3 years ago

> So then you need users. Elon has 115 million followers on Twitter. He'd get users no matter what he built, so he's solved that problem too

No. He got that number of followers because he is on Twitter. He would not get the same number of followers on some other social media platoform. Trump had 20 times as many followers on Twitter than he has on Truth Social. And those Truth Social users are less valuable.

Engineers like to think that the engineering is the important part of platforms. It's not. The engineering can be easily replicated. The valuable part of platforms is the users. You buy the platforms to buy the users.

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