3 ms·
That's not really true. There are two segmented populations that only "communicate" with those in the other group, but the value is dramatically tied to the num
by lxmorj 10y ago
That's not really true. There are two segmented populations that only "communicate" with those in the other group, but the value is dramatically tied to the number of people in the opposing segment. Riders and drivers need there to be a large population in each other to derive value from the app.
- logicallee 10y agoThat's not the definition of network effect, end of story. Look it up. You can't use precisely defined economic concepts willy-nilly. By that standard Amazon has network effects because the more products I can buy there the happier I am to shop there (Amazon side) and also the same goes for the other side, because the more customers it has the happier it is. Only problem is that's not the definition of the word we're arguing about.