I think most of these companies are missing the exponential increase in value for users. And most seem to bundle a lot of other crap with their network effected product which probably dilutes its value even more.
And I think a lot of people look at network effects right now primarily as a growth lever, but wouldn't think to use them (when they're working) as an argument with investors that their product is defensible.
And I think a lot of people look at network effects right now primarily as a growth lever, but wouldn't think to use them (when they're working) as an argument with investors that their product is defensible.