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.
(2) Scalability - can you stretch the company to scale its potential? (note: this can be any combination of additional sales channels beyond DTC and/or additional relevant product categories, and/or new geographies)
Aggregation was the antithesis of the Web 2.0 promise; the best suppliers could do was either subject themselves to the Aggregator’s terms and try and make the best of it (call it the BuzzFeed strategy) or work to build a direct connection with customers that went around the Aggregators (the New York Times strategy); Twitter, though, may be on the ... See more
On the deflation side, social networks can get less cool as more people join. The canonical example here is what happened to Facebook when parents started joining: all the young people left for Instagram and Snapchat. Social networks need to be analyzed based on more than their network effects... There are three axes for analyses: Social Capital, U... See more
One of my big surprises of Silicon Valley was finding out how nice & well intentioned many of the execs of “evil big tech” were. Shocking because I expected them to be evil. Heartbreaking because they weren’t.It meant big tech do bad not cuz of who runs them, but because of the systematic forces they’re beholden to, ie business model & shareholder ... See more
It is not that computers can never induce feelings in their audience, but that in so doing they raise the bar for what will eventually be perceived as unexceptional, thoughtless, predetermined.