Network Effects Quotes

When the whole world is globalized, you're going to be able to set fire to the whole thing with a single match.

Look at electricity in human history - it took a few decades for electricity to really revolutionize the American economy. And the Internet will be the same. At some point in the future, we will arrive at a new era of low-hanging fruit.

The Internet, like most successful American innovations, have not thrived because of heavy-handed government regulation.

On the Internet, people on the tails of the bell curve can find one another.

Uber, the world’s largest taxi company, owns no vehicles. Facebook, the world’s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the world’s largest accommodation provider, owns no real estate.

If you look across the economy, if you have multiple players in an industry, you have more customization, more innovation, greater choice for consumers. The more you have consolidation, the less likely you are to invest in innovation. It becomes all about driving down cost and mass production. And that's not good for innovation in an industry.

Domination and monopoly is the name of the game in the web marketplace.

A P2P business is a company that creates a platform which allows individuals or 'peers' to directly buy and sell from each other. This activity has sometimes been called the 'sharing economy.' Some are wary of these new companies and the challenge they pose to the established market.

Information networks straddle the world. Nothing remains concealed. But the sheer volume of information dissolves the information. We are unable to take it all in.

It's not about revenues: The fundamental economics in digital business is scale and margins. The top line has become the bottom line.

Most great companies in tech have been built by personal referrals for the first...at least 100 employees and often many more.

Today, for the first time - and the Obama campaign showed us this - we can go from the digital world, from the self-organizing power of networks, to the physical one.

The Internet is going to be the Internet. You can't look into it too much.

Remember all of the 'me too' social networks built just to have a social feature Facebook and MySpace didn't have? I built one for political discussion called Essembly. It enabled unique and potentially transformative social interactions, but only 20,000 people ever used it.

By cultivating rich social networks, by cultivating weak ties, not just close ties but the weak ties, by becoming connectors and by connecting others so that they connect us, we create a world in which these self-amplifying feedback loops feed on top of each other.

Microsoft's intentions must be judged by Microsoft's actions, not Microsoft's words. Their actions speak plainly enough: they are working to turn today's open-PC ecosystem into a closed, Microsoft-controlled distribution and commerce monopoly.

The laws of business physics have been broken in terms of how many customers you can acquire and how fast. No one in history has ever acquired 450 million customers in the same amount of time that WhatsApp did.

Companies like Pinterest and Twitter did not become sensations because of Google search but because of the many ways users find out about great sites.

It is the spread of the good things that vindicates the whole reason we live our lives in networks. If I was always violent to you or gave you germs, you would cut the ties to me and the network would disintegrate. In a deep and fundamental way, networks are connected to goodness, and goodness is required for networks to emerge and spread.

For me, seed investing isn't just a good return area but a big part of how we network in Silicon Valley. A lot of our best deals have come from being active in the seed stage.

Once you go from 10 people to 100, you already don't know who everyone is. So at that stage you might as well keep growing, to get the advantages of scale.

All these computers, all these handhelds, all these cell phones, all these laptops, all these servers - what we're getting out of all these connections is we're getting one machine. ... We're constructing a single, global machine.

I'm interested in how the Internet spreads information.

Services like Google and Facebook only exist because of the social acceptance of a mass amount of distributed volunteer labor from tons and tons of people.

Social networks do best when they tap into one of the seven deadly sins. Facebook is ego. Zynga is sloth. LinkedIn is greed.