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Anonymous
Anonymous asked in Business & FinanceInvesting · 2 months ago

why does Facebook and Twitter not have more competition? is it really that difficult to open up a similar type of web page? why?

why, how they were able to corner the market on something that isnt really that difficult to set up is it? it is really that novel of an idea? why?

8 Answers

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  • Anonymous
    2 months ago
    Favourite answer

    Yes, it's not easy to buy/rent servers, hire programmers, find a bank to loan you the money and most importantly:

    find enough advertisers who believe you will have enough users.

    Investing in a saturated market is not a smart thing to do

    I would love something like facebook with the ability to switch off the pictures and videoclips though

  • ?
    Lv 6
    2 months ago

    because they knew theres money in advertisers , users cost nothing but plenty to be make from the advertiser , that why users are free , and theres lots of ads on the net .even yahoo is the same , count the ads on there home page , atleast 50% of it is advertising .

  • Judy
    Lv 7
    2 months ago

    uh, yes, it IS very difficult.

  • 2 months ago

    Facebook and Twitter aren't even the platform of choice for cool people anymore. You've got players like Tik Tok that are inherently designed to be more addicting and build a user base faster.  

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  • Anonymous
    2 months ago

    Hey, I know, Parler. Wait.

  • Anonymous
    2 months ago

    They are operating illegally.

    MONOPOLY.

  • Anonymous
    2 months ago

    So you're the type of thinks up ideas that are in effect for decades . Because you are late . 

  • Anonymous
    2 months ago

    Congress doesn't enforce our anti monopoly laws.

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