Concept
Network Effects
A dynamic in which a product or service becomes more valuable to each user as more people use it, often driving organic adoption and expansion.
Network Effects
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Related Concepts15
Related Frameworks5
Related Practices43
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Transcript mentions
… If you look at network effects, that's sort of the gold standard. You worked on a network effects product.
… And then it turns out you like blow up the use case of that group of humans and then to your last point about network effects, the ongoing spiral effect of that can be enormous. You know, I I think about it a lot in e-commerce of like…
… I mean, this is a very sort of deterministic thesis which is the models companies crucially what I said is the models don't seem to have network effects. So there doesn't seem to be a winner takes all effect where one of these will run…
… And once you got the flywheel and then you got a lot of drivers and a lot of writers and the network effects, uh, then it started to to scale and and work. Uh, that was a a fun experience.
… Network effects is when you create value for passive members by other people joining the network. So I am by myself, I have done nothing.
Concept
Network Effects
A dynamic in which a product or service becomes more valuable to each user as more people use it, often driving organic adoption and expansion.
Related Concepts15
Related Frameworks5
Related Practices43
Ask about this concept
Transcript mentions
… If you look at network effects, that's sort of the gold standard. You worked on a network effects product.
… And then it turns out you like blow up the use case of that group of humans and then to your last point about network effects, the ongoing spiral effect of that can be enormous. You know, I I think about it a lot in e-commerce of like…
… I mean, this is a very sort of deterministic thesis which is the models companies crucially what I said is the models don't seem to have network effects. So there doesn't seem to be a winner takes all effect where one of these will run…
… And once you got the flywheel and then you got a lot of drivers and a lot of writers and the network effects, uh, then it started to to scale and and work. Uh, that was a a fun experience.
… Network effects is when you create value for passive members by other people joining the network. So I am by myself, I have done nothing.