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georgemdallas.wordpress.com | ||
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gwern.net
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| | | | | A classic pattern in technology economics, identified by Joel Spolsky, is layers of the stack attempting to become monopolies while turning other layers into perfectly-competitive markets which are commoditized, in order to harvest most of the consumer surplus; discussion and examples. | |
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a16z.com
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| | | | | The most successful companies and products of the internet era have all been predicated on the concept of network effects, where the network becomes more valuable to users as more people use it. This is as true of companies like Amazon and Google as it is for open source projects like Wikipedia and some cryptocurrencies.... | |
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a16z.com
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| | | | | This post is all about network effects and critical mass. But it's also about applying those concepts as important mental models in business, so I will share a short story about a business decision I once made that required me to consider network effects. The Internet bubble had popped by 2002, and a lot... | |
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seekinglavenderlane.com
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