Figuring Out • 2d
Multiple startups tried to do this..ig, total of about $3 Bln in funding were poured into these short form starups pos tiktok's ban but still no one was able to build a huge brand in it. YouTube and Instagram still dominate shorts. This also shows that network effect and having a large use base is one the most powerful moat a business can have. in 2021, Even Elon tried to promote the Signal Messaging app but its still stuck at about 10 Mln users
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