#41 — DeepDive — Marketplaces — Lenny Rachitsky
Magic Minds
00:00
The Power of Network Effects
Many businesses that had network effects or marketplaces didn't set out saying this needs to be a network affected business. Mark Zuckerberg knew what a network effect with Facebook was because they were trying to build a parallel business called Wirehog, which is similar to Dropbox. And so I think there wasn't even a sense of the power of the network effect earlier. When did marketplaces become in Vogue in the Valley from your perspective? "I don't have a good answer"
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