[Facebook] should not have won, because we figured out [the relationship between an engaged user and the number of friends they had] in 2010, 2009. Friendster had almost 100 million users, well before us. Myspace had 150 million users well before us, and they both lost. Why? I think it’s because they had a similar “aha moment,” but it took them too long [to figure it out].
Facebook, Friendster, and Myspace
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