Reid Hoffman

And so in all of these fields, you have advantages. Now, you might also have a business with network effects, where those network effects become a really important growing super linear kind of competitive moat, whether it's like Airbnb or Uber or others, LinkedIn, or if it's just a, well, I'm ahead, and so by default, all of the different forces that come together to make a company successful

Now, when you have dynamics like a network effect, then your brand might be mediocre, but a network effect is incredibly good within a business or within a, you know, any kind of entity that has it. It's a very strong amplifier.

Now, when you have dynamics like a network effect, then your brand might be mediocre, but a network effect is incredibly good within a business or within a, you know, any kind of entity that has it. It's a very strong amplifier.

Now, when you have dynamics like a network effect, then your brand might be mediocre, but a network effect is incredibly good within a business or within a, you know, any kind of entity that has it. It's a very strong amplifier.

Now, when you have dynamics like a network effect, then your brand might be mediocre, but a network effect is incredibly good within a business or within a, you know, any kind of entity that has it. It's a very strong amplifier.

Now, when you have dynamics like a network effect, then your brand might be mediocre, but a network effect is incredibly good within a business or within a, you know, any kind of entity that has it. It's a very strong amplifier.

Networks are usually, but not always. So LinkedIn has one, Facebook has one, WhatsApp and Instagram. For example, when you look at Google, the network effect isn't the search index, that's a scale index. What it is is the AdWords. Because the AdWords begin to get, when you're kind of that large and differentiated and have the data and intelligent enough, you end up with a better cost.

Networks are usually, but not always. So LinkedIn has one, Facebook has one, WhatsApp and Instagram. For example, when you look at Google, the network effect isn't the search index, that's a scale index. What it is is the AdWords. Because the AdWords begin to get, when you're kind of that large and differentiated and have the data and intelligent enough, you end up with a better cost.

Networks are usually, but not always. So LinkedIn has one, Facebook has one, WhatsApp and Instagram. For example, when you look at Google, the network effect isn't the search index, that's a scale index. What it is is the AdWords. Because the AdWords begin to get, when you're kind of that large and differentiated and have the data and intelligent enough, you end up with a better cost.

Networks are usually, but not always. So LinkedIn has one, Facebook has one, WhatsApp and Instagram. For example, when you look at Google, the network effect isn't the search index, that's a scale index. What it is is the AdWords. Because the AdWords begin to get, when you're kind of that large and differentiated and have the data and intelligent enough, you end up with a better cost.

Networks are usually, but not always. So LinkedIn has one, Facebook has one, WhatsApp and Instagram. For example, when you look at Google, the network effect isn't the search index, that's a scale index. What it is is the AdWords. Because the AdWords begin to get, when you're kind of that large and differentiated and have the data and intelligent enough, you end up with a better cost.

are more aligned in believing you're number one. Because part of what entrepreneurship does is I have this vision. It's currently non-operative. I'm persuading multiple different constituencies to come invest in my vision. It could be investors with money. It can be employees with their time and ownership. It could be press with their belief in what's going to happen.

are more aligned in believing you're number one. Because part of what entrepreneurship does is I have this vision. It's currently non-operative. I'm persuading multiple different constituencies to come invest in my vision. It could be investors with money. It can be employees with their time and ownership. It could be press with their belief in what's going to happen.

are more aligned in believing you're number one. Because part of what entrepreneurship does is I have this vision. It's currently non-operative. I'm persuading multiple different constituencies to come invest in my vision. It could be investors with money. It can be employees with their time and ownership. It could be press with their belief in what's going to happen.

are more aligned in believing you're number one. Because part of what entrepreneurship does is I have this vision. It's currently non-operative. I'm persuading multiple different constituencies to come invest in my vision. It could be investors with money. It can be employees with their time and ownership. It could be press with their belief in what's going to happen.

are more aligned in believing you're number one. Because part of what entrepreneurship does is I have this vision. It's currently non-operative. I'm persuading multiple different constituencies to come invest in my vision. It could be investors with money. It can be employees with their time and ownership. It could be press with their belief in what's going to happen.

You can provide an ad at what is a lower cost to you and a higher price to your customer and have a higher margin revenue than your competitor that's trying to sell something. And so its network effect is in the AdWords. So part of when you're looking for these mega-scale businesses, usually there's some interesting network effects that really power them.

You can provide an ad at what is a lower cost to you and a higher price to your customer and have a higher margin revenue than your competitor that's trying to sell something. And so its network effect is in the AdWords. So part of when you're looking for these mega-scale businesses, usually there's some interesting network effects that really power them.

You can provide an ad at what is a lower cost to you and a higher price to your customer and have a higher margin revenue than your competitor that's trying to sell something. And so its network effect is in the AdWords. So part of when you're looking for these mega-scale businesses, usually there's some interesting network effects that really power them.

You can provide an ad at what is a lower cost to you and a higher price to your customer and have a higher margin revenue than your competitor that's trying to sell something. And so its network effect is in the AdWords. So part of when you're looking for these mega-scale businesses, usually there's some interesting network effects that really power them.