The product should deliver greater value when users share their content with their friends. The product builds out the network at the backend as more content is shared. Hence, the social network gets created, effectively solving the chicken and egg problem.
Could MySpace have been saved? Percival talked about what the company might have done differently, and admitted that by the time he arrived in 2009, it was possibly unsaveable – not least because by that time, it was difficult to hire the most talented engineers against competition from Facebook, Google and other rising tech companies.
3. Get Better At Giving Gifts:
If you have creative or entrepreneurial friends, you can get them close to tears on a tiny budget:
1. Google "Wayback machine"
2. Find their first website or creation
3. Get it framed
It will mean more to them than any expensive cliche gift.
And while we have done pretty well with respect to doers in the last few decades, we’ve done much worse with thinkers. Our world, since the second half of the previous century, has in fact moved to being mostly about doers and not thinkers.