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Status as a Service
Status Traps: Learning from Web2 Social Networks - a16z crypto
Andreessen Horowitz (AZ)a16zcrypto.com
One hypothesis on why social networks tend to lose heat at scale is that this type of old money can't be cleared out, and new money loses the incentive to play the game.
Eugene Wei • Status as a Service (StaaS) — Remains of the Day
On the dimension of utility, Facebook's network effects continue to be pure and unbounded. The more people that are on Facebook, the more it's useful for certain things for which a global directory is useful. Even though many folks don't use Facebook a lot, it's rare I can't find them on Messenger if I don't have their email address or phone number... See more
Remains of the Day • Invisible asymptotes
In retrospect, this is an obvious extension of the social Internet. Social networks made social capital -- that is, popularity and influence -- scalable and quantifiable. We went from vaguely knowing who were the most admired kids in school to knowing who exactly are the most admired people in the world. In doing so, social media commercialized the... See more
Jonathan Glick • Proof of Passion
My general theory of social apps is that they compete on the basis of their network structures, rather than their content formats. The network structure—who sees what—is usually the main driver of value.