
Saved by sari
The Hive is the New Network
Saved by sari
The power of your network is not just the number of people or devices connected to it, but also the strength that you create and derive from that network that gives you all those data points in a way that lets you make better decisions. A lot of what you see on LinkedIn or Facebook are fragile networks in which many of the connections are between r
... See moresocial networks are held together not by the bulk of people with hundreds of connections but by the few people with tens of thousands.
If you can create one stable, engaged network that can self-sustain—an atomic network—then likely you can build a second network adjacent to the first one. And if you can build 1, and then 2, you can probably build 10 or 100 networks. Copy and paste many times, and you can build a huge interconnected network that spans the entire market.
First, does the product have a network? Does it connect people with each other, whether for commerce, collaboration, communication, or something else at the core of the experience? And second, does the ability to attract new users, or to become stickier, or to monetize, become even stronger as its network grows larger?