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In the context of network growth, 'escape velocity' refers to the stage where the network has gained enough momentum to grow on its own, without the need for additional external inputs. It's the point where the network effects become self-sustaining, leading to exponential growth.
Question was asked on:
is Chen's attempt to help us better understand network effects: how to solve the Cold Start Problem, how to scale network effects, how to manage growth plateaus, and so on. Chen's Cold Start Theory is broken down into 5 stages: 1. the cold start problem; 2. the tipping point; 3. escape velocity; 4. hitting the ceiling; 5. the moat.
Asked on the following book summary:
When a networked product launches, it faces a chicken-and-egg problem: people need to use it for it to be worth anything. So how do you start the very...
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