Dixon: Snapchat's growth was severely capped by Facebook cloning its features
Chris Dixon · a16z Podcast | How the Internet Happened · Jan 2, 2019 · at 37:17
Chris Dixon, General Partner at Andreessen Horowitz, explains how Facebook leveraged its scale to clone Snapchat features and slow Snapchat's expansion.
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“I think it definitely had, I mean, I think it had, like look, look at Snapchat's a great example, right? That was a, I mean, you know they really invented sort of a new media type, right? I mean, that type of, you know, whatever, the vertical short video with stuff, it's a brand new idea, and just the way that the ephemeral messaging and all, you know, it's probably on par with things like Flickr and sort of their new novelty, and then, you know, and they're still a very successful company, and they're publicly traded, and, you know, but I think their growth, most people would agree, was severely limited by the fact that all of the ideas propagated so quickly, and particularly companies like Facebook have gotten very good That execution and leveraging their massive distribution, right?”
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