The best software businesses are networks. When every new user that joins makes the network more valuable for the other users, it leads to a sort of accelerating value and growth that is one of the most powerful forces in the world. Nobody can copy the value you provide, because the value isn’t derived from your functionality, it comes from your us... See more
Substack needs some network effects to keep authors tied to the platform, even if they can leave at any moment. The best way to achieve that is through cross-promotion tools that allow authors to constantly gain new readers that they wouldn’t gain otherwise. That makes their presence on Substack truly valuable.
-Who would have imagined Uber or TikTok in 08? Many innovations that will be around in blockchain in 10 years likely weren't even discussed on the pod and may not have surfaced yet