Network effects are the El Dorado of modern management. They enable firms to become exponentially more profitable. These are not just the 20th century network effects where the value that a user ...

Due to the proliferation of internet companies and related investments, many market participants got acquainted with the benefits of allocating capital to firms with network effects. In simple terms, ...

In 1980, Robert Metcalfe proposed that a single fax machine on its own is useless, but the value of many fax machines connected to one another results in a network effect that increases exponentially ...