Is this a joke?
Telling that the biggest conclusion I came away with is that rich people are mostly rich due to luck and circumstance.
Although even then it's confusing.
> Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision.
I am too cynical, I guess, but part of me was wondering while reading this, "Is this a piece intended to convince investors that some not-ramping-as-fast-as-we-thought startup is actually what they need to invest in?"
One of the cited examples of slow network effects is lending. Even if you draw a line saying "it's acquisition, not data"...due to nature of underwriting and acquisition in lending, there's no way around ignoring data there.
Which essentially means that this article is implicitly making the case for data network effects.
The only thing is that you can hit network effects after someone else and still win. Like bacteria cultures in a pond. By the time you lock horns you’re both worth a lot.
PS: @dang please fix HN to not zoom during doubleclick on iOS 12+! It’s one meta tag, but without it we iOS users can’t select and edit text!!
All HN has to do is put one meta-tag <meta name="viewport" content="width=device-width, initial-scale=1, maximum-scale=1, user-scalable=0">