Network effects 101: understand basics underlying iconic products in our time

Forget about Metcalfe's Law, be more practical

I wrote a long thread about network effects about current internet business from a pragmatic perspeactive. May have updates when I get new ideas to add.

SW | ShawnWang.eth @0xShawnWang

Network effect is a broad umbrella term which is oversimplified by most people. To make this term meaningful or practical, you have to put it into very specific contexts. Just “because of network effect, then …” make no sense. Let’s dig more to be concrete.