Kickstarting Network Effects

12/06/21 • 31 min

2 Listeners

a16z Podcast

What are network effects? [1:32]
How do you cold start and get your first users? [2:33]
Atomic networks and why minimum viable community is more important than minimum viable product [6:36]
How do you curate your network and set norms? [8:42]
Faking users: good idea, bad idea? [13:13]
What is flintstoning? [14:26]
How does the relationship to creators change as you scale? [17:07]
Building for the professional creator class [22:52]
How is web3 changing incentives? [25:12]

What are network effects? [1:32]
How do you cold start and get your first users? [2:33]
Atomic networks and why minimum viable community is more important than minimum viable product [6:36]
How do you curate your network and set norms? [8:42]
Faking users: good idea, bad idea? [13:13]
What is flintstoning? [14:26]
How does the relationship to creators change as you scale? [17:07]
Building for the professional creator class [22:52]
How is web3 changing incentives? [25:12]

Previous Episode

NFTs, Explained

Given all the activity and interest recently around crypto and web3, as well as in upcoming holidays and art events, we’re re-running our episode all about NFTs (from March 2021) -- where we covered everything you need or want to know about NFTs. You can also find a curated list of resources to learn all about NFTs at future.com/nftcanon. That list, and this episode, has something for everyone -- from artists and creators and other builders to big companies and institutions or just anyone seeking to understand or even explain to others NFTs.

Here, we’ve cut through the noise around NFTs to share the signal, covering everything from:

what NFTs are and the underlying crypto big picture, before we dig into specifically what forms they take;
common myths and misconceptions -- from confusing overlaps with other concepts to addressing commentary like it’s “just a JPG” or that it’s just hype
to the question of energy use, also covering briefly how NFTs work
providing a quick overview of the players/ ecosystem
and throughout, covering various applications too.

Joining host Sonal Chokshi are Jesse Walden, now of Variant Fund, and formerly co-founder of Mediachain Labs, which was acquired by Spotify; and Linda Xie, now of Scalar Capital, and formerly an early product manager at Coinbase. As a reminder, NONE of the following should be taken as investment advice, for more important information please see a16z.com/disclosures.

[If you’re also interested in DAOs (which we touch on briefly in this episode), we just recently published a list of readings -- in the vein of our famous crypto canon resource, then NFT canon, and now DAO canon -- all about DAOs. It’s for anyone seeking to understand, build, and otherwise get involved with these “decentralized autonomous organizations” -- which represent the future of community, coordination, work, and much more... so we’ve curated resources on this list for people at different levels of interest, from dipping one’s toes in to going deep. You can find that at future.com/daocanon.]
This episode was originally released in March 2021: https://future.a16z.com/podcasts/nfts-explainer/

Next Episode

How 'Hyperscalers' are Innovating — and Competing — in the Data Center

Innovation in the data center has been constrained by the traditional model of suppliers providing fixed-function chips that limit how much the biggest data center operators can differentiate. But programmable chips have emerged that allow these companies to not only increase performance, but innovate throughout the pipeline, from operating system to networking interface to user application.

This is a major trend among "hyperscalers," which are some of the world’s most well known companies running massive data centers with tens of thousands of servers. We’re talking about companies like Amazon, Facebook, Microsoft, Google, Apple, Alibaba, Tencent.

To talk about the trends in data centers and how software may be “eating the world of the data center,” we talked this summer to two experts. Martin Casado is an a16z general partner focused on enterprise investing. Before that he was a pioneer in the software-defined networking movement and the cofounder of Nicira, which was acquired by VMWare. (Martin has written frequently on infrastructure and data-center issues and has appeared on many a16z podcasts on these topics.)

He’s joined by Nick McKeown, a Stanford professor of computer science who has founded multiple companies (and was Martin’s cofounder at Nicira) and has worked with hyperscalers to innovate within their data centers. After this podcast was recorded, Nick was appointed Senior Vice President and General Manager of a new Intel organization, the Network and Edge Group.

We begin with Nick, talking about the sheer scale of data-center traffic.