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The real thing that you should focus on is avoiding being beholden to the network effect. Build something that is useful with for a single user, but better for
by sanj 18y ago
The real thing that you should focus on is avoiding being beholden to the network effect.
Build something that is useful with for a single user, but better for a thousand users.
- davidw 18y agoWell... yes and no. If you get "lucky" with network effects, it means that something that's pretty simply technology wise, like reddit, can suddenly become very valuable, all out of proportion to the technology behind it. It's a gamble, but so are startups in general, so creating something that goes exponential is a good proposition in some ways, rather than something that just adds one user after another, slowly.
- JacobAldridge 18y agoAbsolutely. The higher you can make V from the beginning, the greater overall value you will create by applying Metcalfe's law. The lower your V, the higher your N needs to be.