Saved by Bryant Wu
Breaking Down Network Effects
Given these definitions, how do you tell if a product has a network effect, and, if yes, how strong is
Andrew Chen • The Cold Start Problem: How to Start and Scale Network Effects
The “effect” part of the network effect describes how value increases as more people start using the product. Sometimes the increasing value manifests as higher engagement, or faster growth. But another way is to think about it as a contrast—at its beginning, YouTube didn’t have any videos, and neither viewers nor creators would find it valuable. B
... See moreAndrew Chen • The Cold Start Problem: How to Start and Scale Network Effects
The thinking behind building network effects is less about emotion and more about the math for customers around getting value — utility. Giving the customer more value out of your product by getting your other customers to put value in it. Customers are not even usually aware that they are doing mental math around the value they are getting from ne... See more