Reid Hoffman

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.

It can be customers who go, okay, you're a startup, but I'm going to start using you now anyway, because I believe you will be the right thing in the future. All of these things is what you do as an entrepreneur is you persuade people to come and help build your vision. When you're the first mover to scale, you have a lot more of those people believing in you and therefore investing in you.

It can be customers who go, okay, you're a startup, but I'm going to start using you now anyway, because I believe you will be the right thing in the future. All of these things is what you do as an entrepreneur is you persuade people to come and help build your vision. When you're the first mover to scale, you have a lot more of those people believing in you and therefore investing in you.

It can be customers who go, okay, you're a startup, but I'm going to start using you now anyway, because I believe you will be the right thing in the future. All of these things is what you do as an entrepreneur is you persuade people to come and help build your vision. When you're the first mover to scale, you have a lot more of those people believing in you and therefore investing in you.

It can be customers who go, okay, you're a startup, but I'm going to start using you now anyway, because I believe you will be the right thing in the future. All of these things is what you do as an entrepreneur is you persuade people to come and help build your vision. When you're the first mover to scale, you have a lot more of those people believing in you and therefore investing in you.

It can be customers who go, okay, you're a startup, but I'm going to start using you now anyway, because I believe you will be the right thing in the future. All of these things is what you do as an entrepreneur is you persuade people to come and help build your vision. When you're the first mover to scale, you have a lot more of those people believing in you and therefore investing in you.

Your cost of customer acquisition is lower. Your cost and speed of recruiting employees is lower. Your cost of capital is lower, et cetera, et cetera.

Your cost of customer acquisition is lower. Your cost and speed of recruiting employees is lower. Your cost of capital is lower, et cetera, et cetera.

Your cost of customer acquisition is lower. Your cost and speed of recruiting employees is lower. Your cost of capital is lower, et cetera, et cetera.

Your cost of customer acquisition is lower. Your cost and speed of recruiting employees is lower. Your cost of capital is lower, et cetera, et cetera.

Your cost of customer acquisition is lower. Your cost and speed of recruiting employees is lower. Your cost of capital is lower, et cetera, et cetera.

Brand can definitely be a strong part of it, but it's also the question of who do each of these groups think is going to win? So it's a little bit different. I mean, brand is also what is your brand promise? What are you going to become? And, you know, awareness is part of it, but it's like, okay. We think you're going to win.

Brand can definitely be a strong part of it, but it's also the question of who do each of these groups think is going to win? So it's a little bit different. I mean, brand is also what is your brand promise? What are you going to become? And, you know, awareness is part of it, but it's like, okay. We think you're going to win.

Brand can definitely be a strong part of it, but it's also the question of who do each of these groups think is going to win? So it's a little bit different. I mean, brand is also what is your brand promise? What are you going to become? And, you know, awareness is part of it, but it's like, okay. We think you're going to win.

Brand can definitely be a strong part of it, but it's also the question of who do each of these groups think is going to win? So it's a little bit different. I mean, brand is also what is your brand promise? What are you going to become? And, you know, awareness is part of it, but it's like, okay. We think you're going to win.

Brand can definitely be a strong part of it, but it's also the question of who do each of these groups think is going to win? So it's a little bit different. I mean, brand is also what is your brand promise? What are you going to become? And, you know, awareness is part of it, but it's like, okay. We think you're going to win.

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.