Episode 110: Is Facebook a Monopoly?
Words & Numbers
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The Evolution of the Internet
In 1994 Netscape commanded 95 percent, see I'm using the same words. They had 95 percent in the market. That is 95 percent of consumers who used browsers said, We want the Netscape Navigator. And yet just 20 years ago, 25 years ago it was at 95 percent. So a bit player like Opera, which is a browser that some people love and most people don't even know about, has way more market share than Netscape. MySpace back in the day was what Facebook is today. It's the exact same situation as everything that came before it.
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