Why Every Business Needs To Become A Platform, And How To Do It
YoungUpstarts
APRIL 22, 2016
By Kurt Bilafer, Global Vice President Sales & Success at WePay. Social networks such as Facebook and Twitter? Leveraging network effects. Network effects are the phenomenon whereby a good or service becomes more valuable when more people use it, so there is a relentless focus on building as large a network as possible.
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