Everyone is talking about the economic downturn and exuberant valuations in private markets. Bill Gurley predicted this back in early 2015, and I wrote about it last August. So, here it finally is – everyone said this and everyone knows where we are. We are here now, and I want argue that right now is a great time for YOUR startup, provided […]
economy
Understanding Network Effects
I am a big fan of A16Z podcasts, and they just released a terrific episode on Network Effect. Network effect is an important, and somewhat confusing topic. The reason network effect is important is that the businesses with a true network effect are highly defensible, have strong retention and engagement, exhibit characteristics of a monopoly […]