I think both investments can be applied to Steemit.

Being the first decentralized social media, like Bitcoin being the first crypto, will build that moat against other decentralized social media platforms that will emerge and create that value. When the masses wakes up and searches for a crypto-based social media platform, the first thing that will pop out from their search fields will be Steemit. Unless, Facebook decides to share their wealth with the blockchain/crypto that they are developing right now, then that's something else.

Being that this platform is very new, it has that edge in innovation as well. I think that crowd development will also have an advantage in innovation.

Being first gives that lasting perception of being the best. Being a new tech gives it a lot of room for innovation.