A note from Daniel

at their inception, network effects are a destructive force, driven by a vicious—not virtuous cycle where new users churn because not enough other users are there yet. For Slack, it doesn't make sense to use the product until your colleagues are also on the platform. For Uber, you can't use the service until there are enough drivers, who won't drive until there are enough rides. This first stage of creating a network is the hardest, and some will call it a "chicken and egg" situation or needing to "bootstrap" a community. I call it the "Cold Start Problem."

Daniel Cold Start Problem, page 63 · September 9, 2023 Save to shelf
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