yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Virality and network effects drive organic growth.


less than 1m read
·Nov 3, 2024

The best consumer companies incorporate both virality and network effect, which are different concepts but very closely related, in order to grow their user base organically.

Virality is the idea that one user using your product introduces it to other users somehow in the use of your product, whereas network effect is the idea that the product gets better the more nodes in the network exist.

I'll give you an example from Facebook's early days. So, when you took a picture on Facebook and uploaded it, you were prompted to tag your friends, even if they weren't already on Facebook. Those friends would get an email saying, "Hey, someone's tagged a photo of you; sign up to view the photo." That's a viral mechanic.

By uploading the photo and tagging your friends, you spread it to new users. A network effect comes from Metcalfe's Law: the value of the network is the square of the nodes in a network.

What that basically means is the more people who use this thing, the more valuable it gets. So, WhatsApp is a great example of this.

More Articles

View All
Worked example: interval of convergence | Series | AP Calculus BC | Khan Academy
So we have an infinite series here, and the goal of this video is to try to figure out the interval of convergence for this series. That’s another way of saying, for what x values, what range of x values is this series going to converge? And like always, …
shower thoughts that could end quarantine..
Extinction level events have killed up to 99% of all living things that have ever existed. Embrace the 1%. Being in lockdown has given us time. It’s given us time to think, to ask questions, and to consider things that we might not have given a second tho…
Mario vs. Link: Who Would Win?? NERD WARS
Nerd wars time! It’s Friday again! We’re gonna do some old-school action today. Oh, nerd wars! Someone suggested this on the YouTube channel comment, you know that thing down here? And I was too lazy to figure out who it was. I forgot, but here it is: Lin…
How to Make a Delicious Meal For Under $10 | Chef Wonderful
Who made this? Oh, I did! Wow, I’m gonna cry. It’s a masterpiece that should get an Emmy, that should get a Tony, all of it. And that still wouldn’t be enough for what that was. [Music] [Applause] [Music] Chef Wonderful here! Let’s talk about suffolak…
What Should You Expect as a Beginner Investor? (w/ @ThePlainBagel)
[Music] Welcome back to the new money advent calendar! I’ve got another great collab coming in today. I’m joined by Richard Coffin from The Plain Bagel. How you doing Richard? Good, how are you doing dude? Yeah, I’m doing very well! Very well! It’s good…
Multiplying 2-digit by 1-digit with partial products
[Instructor] In this video, we’re going to dig a little bit deeper and try to understand how we might multiply larger and larger numbers. In particular, we’re gonna focus on multiplying two-digit numbers times one-digit numbers. So, I always encourage y…