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I really like this line "The combination of "seems impossible" and "strong network effects" is about as close as you can get to the magic formula for incredibl
by sanj 19y ago
I really like this line
"The combination of "seems impossible" and "strong network effects" is about as close as you can get to the magic formula for incredible, sustainable success, as with eBay, Wikipedia, and Google."
- davidw 19y agoHrm... Hal Varian says that Google doesn't have strong network effects working for it, and he might know a thing or two about it: http://googleblog.blogspot.com/2008/02/our-secret-sauce.html http://googleblog.blogspot.com/2008/02/our-secret-sauce.html eBay certainly does, though.
- sanj 19y agoI half agree. Classic network effect doesn't apply. But there is a sense of "that's where I can reach the most users". Further, Varian's argument about knitting websites is a little off, since Adwords/Adsense effectively allows you to reach those customers via Google.