David Rosenthal: evaluation

Transcript context

…What’s funny David, we did that LP show on Roblox and I’m trying to remember exactly what I said there because I don’t see why it would be a lick different than this case. I know I argued fervently for something and I'm trying to remember what it was so I don’t contradict myself. I know, we’re on the spot. I’m going to go first, selflessly to give Nick a break to think, selfishly to take the incredibly obvious one of network economies. It’s not just network economies, but it’s a network economy economy with the layer of Rec tokens in your own currency as well. The way to think about network effects, network economies is as more users get added to the system, it grows value for all the other users in the system—great—but the thing about it is, there’s a multiplier. I’m thinking about an algebra equation. There’s a constant that you have to put in front of that value which is how much value does each incremental user generate. A coefficient one might say.…

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