Paradoxically, then, network effects businesses must start with especially small markets. Facebook started with just Harvard students — Mark Zuckerbe… - Peter Thiel

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Paradoxically, then, network effects businesses must start with especially small markets. Facebook started with just Harvard students — Mark Zuckerberg’s first product was designed to get all his classmates signed up, not to attract all people of Earth. This is why successful network businesses rarely get started by MBA types: the initial markets are so small that they often don’t even appear to be business opportunities at