Evidence receipt / prediction
Published · transcript-backedHamilton Helmer: prediction
5 May 2024 Lenny's Podcast Business strategy with Hamilton Helmer (author of 7 Powers)
“I think you could turn almost anywhere and get some modest network effects and any platform business would probably likely have some modest network effects.”
Source trail
Everything needed to verify it.
- Speaker
- Hamilton Helmer
- Attribution
- Verified speaker
- Claim type
- prediction
- Recorded
- 5 May 2024
- Publisher
- Lenny's Podcast
Transcript context
…Wow, that's actually really interesting. Is there an example of a company that comes to mind, they had network effects but not network economies as a power? I think you could turn almost anywhere and get some modest network effects and any platform business would probably likely have some modest network effects. You asked me earlier and you sent me about Uber and Lyft, I'd say that they probably have network effects involved but not network economies. Wow, that's interesting. And the reason you're saying they don't have network economies is because they're still so competitive they still have to spend so much money to stay ahead and so the network is not-…
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