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The Cold Start Problem

by Andrew Chen · 2021

How to bootstrap network effects from zero.

About

Andrew Chen’s framework for starting, scaling and defending network-effect businesses.

Official summary

Drawing on Uber and a16z, Chen breaks network effects into a lifecycle - cold start, tipping point, escape velocity, ceiling and moat - and gives tactics for igniting the first 'atomic network' and growing it.

Why it’s an important read

If your product gets better as more people use it, this is the playbook for the hardest part: getting the very first network to ignite.

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