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What exactly is Network Effect?

over 1 year ago | From whoo.ps

Venture capital firms, including the one I work for, like to invest in businesses with network effects. For many readers of this blog, the term "network effect" is already very familiar, but because this post is about how the term is often misused, here's a brief and early aside on what does constitute network effects:
A network effect means that the value of a product increases with every new participant. It could be a network effect between users — when a new user of, say, Instagram, begins...

       

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Intuition is a suspension of logic. How often do most of us suspend logic and listen to it? Probably not enough.
Intuition is a suspension of logic. How often do most of us suspend logic and listen to it? Probably not enough.
Added about 22 hours ago | As appeared first on forbes | Author: Forbes

Be careful what information you take in. It’s commonplace to talk about the constant distractions of social media, buzzing smartphones, and endless emails. It’s a problem. And it’s a bigger problem today than it was in Shannon’s time. But Shannon had to wrestle with distractions too—and his li...  ...Read more


Two-thirds of customers form their opinion of a business after reading just four reviews.
Two-thirds of customers form their opinion of a business after reading just four reviews.
Added about 22 hours ago | As appeared first on entrepreneur | Author: Pratik Dholakiya

First off, don’t be too hard on yourself for getting a negative review if it’s a rare experience. You can’t please everybody, and not everyone is going to love every aspect of your business. It’s important to note that not all customer feedback is beneficial. Taking each and every review into ...  ...Read more


Succeed in grabbing the attention of your users and monetizing on the app in no time by being user-friendly.
Succeed in grabbing the attention of your users and monetizing on the app in no time by being user-friendly.
Added about 22 hours ago | As appeared first on digitaldoughnut | Author: Nishtha Singh

What’s more needed are the proven strategies and better user experience to drive better engagement for your mobile app. There isn’t anything related to coincidence it requires some significant amount of thought and effort. And they will definitely work if one puts adequate time. Now experience...  ...Read more


It’s not easy to deny the offers of exciting companies. But it’s the disappointment of not living up to the potential.
It’s not easy to deny the offers of exciting companies. But it’s the disappointment of not living up to the potential.
Added 2 days ago | As appeared first on Medium | Author: Gaurav Baheti

I am a 23 year old engineer turned product designer, which opens up possibilities for a lot of hot jobs in tech today. I’ve previously worked at Google, Zomato and a few hot startups. Six months ago I quit my comfortable job to pursue something I wasn’t sure of. Here’s the truth why anyone quits...  ...Read more


The devices we hold in our hands today are more powerful than what folks would’ve even dreamt of a decade back
The devices we hold in our hands today are more powerful than what folks would’ve even dreamt of a decade back
Added 2 days ago | As appeared first on Medium | Author: Avi Barel

It’s no secret that the modern day smartphones is overtaking the desktop’s dominance as the primary gateway to the Internet and for media consumption. Smartphones have become users’ most important device driven in part by the rise of cloud computing. It looks like the only reason to use a compute...  ...Read more


Officially recognized promises lacks real clarity, next steps, and shared understanding.
Officially recognized promises lacks real clarity, next steps, and shared understanding.
Added 2 days ago | As appeared first on HackerNoon | Author: John Cutler

Imagine you have a note taking robot at your disposal. The robot records every new promise made by people in your company — explicit or implicit, emotional or functional or social, aspirational or realistic. Everything! Gifted with an unlimited power supply (and storage), it moves on to survey fo...  ...Read more


Top Mobile App Development Companies

Concentric Sky Company Profile, Apps, Reviews   
Concentric Sky

We help our clients turn ideas into applications that make sense. Our comprehensive, in-house team will use the power of design and technology to bring your ideas to life. We specialize in mobile a...more

Employees: 50
Founded: 2005
Technologies:   Java    Python    Android    iOS    MySQL    HTML5    Postgres    MongoDB   
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Eugene, US

Appmosphere Company Profile, Apps, Reviews   
Appmosphere

We do iOS, Android and Windows Applications. Website, Mobile and Interface Design..more

Employees: 0
Founded: 2013
Technologies:   Android    iOS    Blackberry    Windows Mobile    HTML5   
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Minneapolis, US

Stone Labs Company Profile, Apps, Reviews   
Stone Labs

At Stone Labs we apply our high-quality hi-tech knowledge to resolving functional problems of European, Australian and American (Atlantic coast) enterprises, by means of web/mobile/software solutio...more

Employees: 30
Founded: 2007
Technologies:   PHP    Android    iOS    MySQL    Ruby    Rails    AJAX    Angular.js   
DevelopmentNow Company Profile, Apps, Reviews   
Development Now

We specialize in business and enterprise application development and outsourcing services for iPhone, iPad and Android platforms and also provide Mobile Web and backend services..more

Employees: 50
Founded: 2005
Technologies:   iOS    MS SQL    ColdFusion    Unix    Android    .NET   
 Locations

Portland, US

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