For those unfamiliar with the network effect, I’m referring roughly to this (from Wikipedia):
Network effects are typically positive feedback systems, resulting in users deriving more and more value from a product as more users join the same network.
Wow that’s more people than I thought. It definitely doesn’t seem that way on the platform, seems more like a ghost town inhabited by bots and the elderly these days. Makes sense though, I’m pretty sure non-English users get more out of Facebook than Reddit or Twitter. I’d actually be interested in seeing a breakdown per country.
So yeah, I guess that was a bad example then, thanks for the info. Although still, compared to its heyday when everyone was using it, including young trendy people, it’s nosedived quite a bit. Anecdotally speaking.