How is it a moat? Myspace had 300M active users on an early internet.
If market share is a moat, IBM should still be the biggest tech company.
How is it a moat? Myspace had 300M active users on an early internet.
If market share is a moat, IBM should still be the biggest tech company.
MySpace would have won had they not been outcompeted by virtue of their momentum though.