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   fromjason.xyz ❤️ 💻 (fromjason@mastodon.social)'s status on Wednesday, 20-Dec-2023 22:56:28 JST fromjason.xyz ❤️ 💻

   in reply to

   Remember Houseparty? Me neither.

   Ecorp kept them busy for two months with meetings under false assumptions. Then, it cut communication and launched its copycat app Bonfire.

   In a panic, Houseparty burned through a $50 million round of VC cash. It was later forced to sell to Epic Games for $30million.

   https://www.wsj.com/articles/the-new-copycats-how-facebook-squashes-competition-from-startups-1502293444

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   fromjason.xyz ❤️ 💻 (fromjason@mastodon.social)'s status on Wednesday, 20-Dec-2023 22:56:28 JST fromjason.xyz ❤️ 💻

   in reply to

   In fact, ECorp kept an early detection system built on a VPN acquisition that specifically targeted small start ups.

   Remember that VPN for kids ECorp launched to the App Store? Then later got caught slurping data? The app one pundit called "vampiric"? Yeah, same thing. It was hunting for small apps with momentum.

   https://www.wsj.com/articles/the-new-copycats-how-facebook-squashes-competition-from-startups-1502293444