A note from Daniel

Corporate Network (Facebook, PayPal) Strengths: - Can raise, hold, and deploy capital. - Centralized services: easy to upgrade, advanced functionality. Weaknesses: - Corporate-controlled network effect; high take rate, unpredictable rules. - Once at scale (extract phase), weak incentives for users to participate and creators and developers to build on top.

Daniel Read Write Own, page 93 · March 4, 2024 Save to shelf
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