The beauty of network effects is that once in place, its very hard to displace. For example, now that you and all of your friends are on facebook, its very hard to get you to switch to an arguably website because of the high costs of switching. It’s a pretty big chicken or the egg style [...]
Entries Tagged as 'Social Media'
Coercive Social Networks
June 5th, 2008 · 1 Comment
Tags: Social Media