added by sari and · updated 9mo ago
The Power of Defaults
- The best examples from the last two decades are Google and Facebooks’s multi-sided network effects. People prefer searching and connecting with each other on these properties, so advertisers and content creators keep using them. It creates a virtuous cycle, and makes the self-interested move on every player’s part one that reinforces these companie... See more
from Dominance Friction by Nathan Baschez
Lillian Sheng added
- Dominant systems locked in by strong network effects always appear invulnerable to disruption, until they're suddenly not. The current internet is a particularly massive network lock-in, but given its technical debt and increasingly painful aspects (more on this below), there is no reason a disruptor at the full-stack level cannot or should not ari... See more
from Urbit and the Telos of the Creator Economy by Justin Murphy
sari added
- Crypto, still largely valued on nothing more than the collective belief of its users, is the ultimate example to date of the power of a network, in every sense of the word. That that collective belief is a point of leverage for companies that can aggregate believers is the most natural outcome imaginable, even if it means that the lack of technical... See more
from OpenSea Raises Money, Bans NFTs; OpenSea’s Value; Crypto’s Aggregators by stratechery.com
Tekelala added