3min chapter

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Ep. 3 - Mapping Out the 16 Network Effects (NFX Masterclass)

The NFX Podcast

CHAPTER

Data Network Effects Work

As QuickBooks got a dominant market share, they were able to create this network effect. It's another form of two-sided marketplace between employers and employees or labor and employers. We see this across all sorts of different pieces of software now that you've seen the pattern. The more data you get into the system, the more value your system is going to provide to everyone using the product.

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