Ant Financial and the “Sustained Innovation Trap” of Network Effects (Jeff’s Asia Tech Class – Daily Lesson / Update)

In Podcast 41, I talked about 3 ways network effects suck. They do have some major problems. And these are not discussed as much as their benefits. This will also tee up my third talk on Ant Financial, a company that is mostly about platforms and network effects.This is About Cycles and Feedback LoopsHoward Marks, […]

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Can TikTok Be Copied? Innovators vs. Imitators. (Jeff’s Asia Tech Class – Daily Lesson / Update)

There was a good article this week in Insead Knowledge by Jason Davis and Vikas Aggarwal. What I liked about it was the below question it posed: “…an innovator’s attempts to innovate by mobilising in-house knowledge can often end up benefitting rivals more than the innovator, particularly when rivals share and propagate knowledge among each […]

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3 Ways Network Effects Suck (Jeff’s Asia Tech Class – Podcast 41)

In this class, I talk about network effects. And some of their strengths and weaknesses. You can listen here or at iTunes, Google Podcasts and Himalaya. This is part of Learning Goals: Level 7, with a focus on: #28: Network Effects Concepts for this class: Networks Effects NE: Critical Mass and Chicken-and-Egg NE: Interaction Failure […]