🔴 How to kill a Facebook (or any network effect-based business for that matter)
We talked many times over about network effects and their indisputable power. The question today is: Is there a self-defense manual against them? Or "How to kill a Facebook"?
Many times over, I've been discussing the central roles of network effects for the digital economy and how/why they now reign supreme on top of the business food chain. I realize, though, that I never explained their Achille's heel, or only briefly.
Without going back to the previous elements I explained, you have to keep in mind that network effect-based businesses become unstoppable forces when they start to click together past a critical mass.
The question today is: do we have a self-defense manual of sorts against network effects?