

And Google built a search engine. Everything else they’ve tried to build has failed, other than maybe Gmail which was just a Yahoo Mail / Hotmail clone. Everything else that has been successful has been an acquisition: Maps (Keyhole), YouTube, Android, Google Photos (Picasa), Doubleclick…
We really need robust antitrust. How many of these acquisitions would be thriving companies in their own right, competing with the big tech giants if the tech giants hadn’t been able to absorb them.
Google+ is an example of what happens when companies have to compete instead of acquiring other companies. Google poured billions into it and it flopped completely.
If it takes multiple billions of dollars to create a product that is useful for a niche group of pen and paper RPG players, that product is probably not going to succeed.
But, also, if Facebook didn’t have such an unassailable monopoly on social networking, small, focused social networks that targeted a niche group of people might have a chance of surviving.