Related resource: The Cold Start Problem - Andrew Chen
- How do you build network effect in your network for a thriving network?
- How to you keep scaling a network that is already scaling?
- How do you compete with other networks?
- Why big network most likely win?
- How do you launch a new network?
The basics of network effect
- A network effect describes the situation where a product gets more valuable as more users join → when each incremental user add value to the network
The Network Effects Bible (eBook).pdf
Launching product w/ network effect
What are the common mistakes when launching network effect?
What makes a good network effect product?
How to solve for the chicken-egg problem?
Examples of network effects
Pantheons of Virality and Ponzi
- Telephone is a great example of such network effect
- Introduced more than 100y ago
- 1908: 5m phones for 90m people in the US. New tech. All of them operated by one company.
- Duality: network of people that utilize the phone & the physical device. Both a product and the network.