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The Varying Degrees of Network Effects in the Digital Domain
Network effects have been around for a while, right? You had the telephone company, the railroad. I don't think it's slam dunk like Facebook days to be able to build a national network effect unless your product itself allows that like Airbnb. Even if you look at Slack, which is a group forming, you know, reads law kind of network effect, the product utility is such that it's contained within a company. It's not cross company.