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another common type of network effect you'll be familiar with is lyft where a bunch of drivers might get the app but that's kind of useless in fact they're competing with each other the more drivers there are the worse it is for you as a driver in a way because you can't get the revenue okay but all those drivers being there means that a bunch of riders are gonna come along and get the app themselves so they're gonna attract the riders and the riders will then end up paying and the more riders t
which companies have network effects it's pretty much the ones that you know about that you believe in the ones that you respect the ones that are having impact these companies over the last 25 years have network effects at their core
the number one defense ability is these network effects
70% of all the market cap and tech is coming from companies with network effects at their core
70% of the value of Technology technology companies has been traded with companies with network effects