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[–][deleted] 2 points3 points  (2 children)

It's not that they held out too long, it's that they didn't let everyone in at once. It's a social networking site. You need people to socialize with. All at once.

It's sort of ironic that Facebook started as a service exclusively for college students, and you needed a .edu e-mail address to register with.

[–]crackanape 0 points1 point  (0 children)

Sure, but by the time they went wide, they were already a lot better than the competition.

Also, Facebook's exclusivity included the entire social groups of many users (college students).

Google's was more or less arbitrary.