Network Effects in Marketplace, Communities and Social Platforms
These days, we’re hyper-focused on marketplaces, communities and social platforms. We love these platforms for many reasons, but the primary one is the power of their network effects and how they create a high degree of defensibility for startups. What are network effects? “Network effects” is a frequently used term and it is sometimes confused […]
How to build online communities?
Image via Wikipedia One of the best talks I heard at CasualConnect last week was “Building communities, not just hits” by Max Levchin (founder and CEO of Slide) and Philip Rosedale (founder and CEO of Linden Lab, the company behind Second Life). Creating an online community is extremely hard to do and I have seen […]