SochCast Ep 3 - Network Effects - feat. Aatir Abdul Rauf
Description
Aatir and Abdul talk about what network effects are & examples of products that carry them. They discuss how one networked product wins over another, what smaller incumbers can do to topple the status quo and how a team can measure if their product has network effects.
0:00 Intro
5:29 What are Network Effects?
12:27 How have Network Effects been enabled in developing countries?
17:22 Factors leading to one Networked Product to win over another
27:06 How do smaller networked products challenge bigger ones?
32:23 How do you create & measure network effects?
40:33 Recommended Reading
Recommended Reading Links
https://www.amazon.ca/Cold-Start-Problem-Andrew-Chen/dp/0062969749 https://a16z.com/book/the-cold-start-problem/ https://www.ycombinator.com/library/5K-network-effects#:~:text=Anu%20Hariharan%20is%20a%20Partner,and%20share%20advice%20for%20entrepreneurs.
United States
