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97 points healsdata | 1 comments | | HN request time: 0.29s | source
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NelsonMinar ◴[] No.44376945[source]
Goodreads is a case study in the natural monopoly of social networks. The product has been terrible for years now, with Amazon investing the bare minimum to keep it online and one slight design change every few years. But competitors like TheStoryGraph can't get traction because all the people are still on Goodreads.
replies(3): >>44377256 #>>44377291 #>>44378425 #
1. npteljes ◴[] No.44378425[source]
Yes, the network effect is huge with social network - if not the biggest thing about them. People tolerate a lot just to participate where the people they want to be closer with participate.