Viral expansion loops have long existed in the offline world.%u201D Um..what was that part about %u201Ca concept little known outside of Silicon Valley%u201D?
%u201CSignificantly, viral-loop networks don%u2019t create content%u2014they organize it. They provide an environment that is, in theory, almost infinitely scalable, and then rely on the wisdom of crowds to create or aggregate masses of material to fill it.%u201D Almost infinitely scalable? Really?
Andreessen points out that %u201Ceventually, everyone tends to be on such a network, the way that everyone has a telephone and everyone has an email address, because the value to being on it is so huge as a result of everyone else being on it.%u201D True, only in this case, on any one of the social networks, not on a Ning network. So the utility is connection through social net, not any one company.
Nicholas Economides, a professor of economics at New York University%u2019s Stern School of Business, characterizes this as %u201Ca network effect.%u201D See, it is that simple%u2026all the words written before this were just words strung together to say just that.
As NYU professor Economides reminds us, %u2018being big doesn%u2019t necessarily mean you will make a profit.%u2019%u201D Thank you, sir.
Ning swells like a river fed from an ever-growing number of tributaries.%u201D I think I just threw up a little in my mouth.
