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by satvikpendem 513 days ago
How many people do you have on the platform? This concept is all about network effects.
1 comments

I have 80+ at the moment, most of which are developers. A ratio of 5:1 I'd say.

What do you mean by network effects though? I'm quite new to business

There's a law (forgot the name but search online) that says your business or whatever is as powerful as the number of users squared (paraphrasing). Basically each new user is not just 1 but the size of the network! So scale.
That's an interesting concept, I think you are referring to Metcalfe's law.

I'll do my best to scale for sure

https://en.m.wikipedia.org/wiki/Metcalfe%27s_law

Yes that is the one.