Earlier quoted context omitted.
Google has a search algorithm that outperforms any other. Their value proposition is that they can help you find what you are looking for better than their competitors can. Amazon has a vast network of suppliers and infrastructure. Their value proposition is that they can provide better selection and delivery than their competition. In both cases, the value is provided by the company. Facebook is a website that lets…
Google has almost no lock-in at all for their main economic engine, search. If a notably better competitor comes along tomorrow, within a year the whole money empire could crumble. People would just go to the new place, one at a time. Facebook has TREMENDOUS lock-in. For any new place to have value, it's got to have the majority of the people Facebook has change over in a very short timeframe. The problem with techni…
Consider this web ad from three days ago from Microsoft:
http://www.youtube.com/watch?v=KNWuOJXP-R4
It makes the claim that in blind tests people choose Bing to Google nearly 2:1. Which is a pretty bold and substantial claim. Question: Do you believe that? Does this new info make you want to try it and set bing even one week as your default search engine? Do you even care? (Notice also that I linked to the bing account on Youtube, a subsidiary of Google, and the chances are high that you are either browsing with Chrome or use Safari/Firefox which use Google as default search.)