The first network plays a crucial role in the growth of a product. It provides the initial user base that helps to sustain the product. The size of the first network can vary depending on the product. For instance, for a product like Slack, a small team within a company is enough to make the platform work. However, for products like the credit card launched by Bank of America in 1958, a larger network was required, which is why it was launched across the whole of Fresno, California.
When a networked product launches, it faces a chicken-and-egg problem: people need to use it for it...
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