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
Understanding lease agreements | Housing | Financial Literacy | Khan Academy
What we’re going to do in this video is look at an example of a lease agreement. This one says “State of Texas Texas Lease Agreement”. You might say, “I don’t live in Texas,” but this is going to be useful for most anywhere. The things we’re going to cove…
15 Rules To Win At Life (Part 2)
In part one we published last week, we took a look at the essentials. In this one, we’re going a lot more tactical with mindsets that you can incorporate immediately into your life. After analyzing some of the most successful individuals in the world, we …
The 5 Musketeers Have an Impala Feast – Day 62 | Safari Live
This is the most mind-blowing wildlife experience you could ever hope to have. Hello, and look at that flat cat times two; they’re so flat they almost merge into one! We’re with the Five Musketeers here in the eastern sectors of the Maasai Mara Reserve in…
Chaos: The Science of the Butterfly Effect
Part of this video is sponsored by LastPass. More about LastPass at the end of the show. The butterfly effect is the idea that the tiny causes, like a flap of a butterfly’s wings in Brazil, can have huge effects, like setting off a tornado in Texas. Now …
Deepfake Adult Content Is a Serious and Terrifying Issue
As of 2019, 96% of deep fakes on the internet were sexual in nature, and virtually all of those were of non-consenting women. With the release of AI tools like Dolly and Mid Journey, making these deep fakes has become easier than ever before, and the repe…
15 Secrets Only Billionaires Know
As of 2023, there are 3,112 billionaires in the world. The billionaire perspective on life is quite different from anything you’ve ever experienced, and it’ll definitely go against many of the things you believe. Here are 15 secrets only billionaires know…