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It's interesting to think of exclusive night clubs as having “reverse network effects” - past a certain point, as more people come, the experience gets worse.
What else has reverse network effects?
- Elite communities
- Conferences
- Harvard
- Indie artist's fans
- Pooled ISAs
What else has reverse network effects?
- Elite communities
- Conferences
- Harvard
- Indie artist's fans
- Pooled ISAs
More specifically, if the value of X is predicated on its (exclusive) network of peers, when the non-peers come, everyone else will migrate.
You want the non-peers to come last, or never
That's what people mean when they say something has “jumped the shark” or "gone mainstream"
You want the non-peers to come last, or never
That's what people mean when they say something has “jumped the shark” or "gone mainstream"
People who are able to steadily develop their community or fan base without turning off early users have a special place for many:
It's hard. Lupe said he ain't dumb down nothing, didn't stick. Jay Z doubled his dollars, hasn't rapped like Common since.
It's hard. Lupe said he ain't dumb down nothing, didn't stick. Jay Z doubled his dollars, hasn't rapped like Common since.
