You can't start a network effect on a base with only bonus value.
- You can't start a network effect on a base with only bonus value.
- It needs to start from a nugget of primary value.
- Single-player value must come before multi-player value.
From other episodes
- Network effects are emergent value.2026-03-09
- If you're making a consumer product you have to demonstrate network effects.2026-02-02
- In terms of market dynamics, AI is more like microprocessors than the internet.2025-12-15
- Aggregator is just a polite word for a peculiar form of monopoly.2025-12-01
- AI is not a goldrush, it's a landrush.2025-11-10
- Workflows are hard to change because there's an intra and inter network effect.2025-10-20
- AOL could ramp up its network effect faster than the open web in the early 90's.2025-09-29
- Your decision to use a product with network effects is not individual.2025-09-29