All startups operate in this loop:

1. Innocent

2. Start monetizing

3. Broader adoption

4. Squeezed to the max < we are here

5. People get fed up and spin up competitors

6. Other player loses market share

7. Innocent and free to capture market

8… you get the point

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Discussion

I just remembered today that MySpace had an iOS app. πŸ’€

β€œWe are here” 😊