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Metcalfe's Law

Robert Metcalfe · 1980

"A network's value grows roughly with the square of its users, which is why the first users of a network are the hardest to get and the last are nearly free."

The idea

Metcalfe sketched this on a slide in 1980, years before anyone called it a network effect: a network's value scales with the square of its connected users, not linearly.

Why it works
The takeaway — recall it first
Further reading

Read more about the topic

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