The traditional model of personal investing looks like this: individuals like you and me either sign up for a brokerage account, select investments and construct our own portfolios (“the DIY approach”) or hire a financial advisor that makes investment suggestions […]
LEGO soon discovered that their incredible fan base not only contributes to their brand reputation, but could also be used in a very different way: Through crowdsourcing LEGO gets new product ideas directly from children’s (and adult’s) rooms, where millions of existing models are reassembled into new individual LEGO models every day.
TripAdvisor utilizes having genuine information about the hotels to bring more readers to the site which in turn, write their reviews as well and the platform grows attracting more hotels to partner with TripAdvisor. Indirect and direct network effects come into play.
With the help of the crowd, Waze is rapidly enhancing the way we navigate.
Yelp was an early, prominent pioneer of online crowd-sourcing, but now that it’s established, the value creation vs value capture balance might be off for its most loyal users.
Hobby games are booming and they're making the jump online in search of network effects.
Group online payment platform revolutionizing European e-commerce
Rival taxi-hailing and ride-sharing apps are sustaining heavy losses in the battle for market share. Can a differentiated competitor win in the end?
Busy “yuppies” with messy apartments used to be stuck with two unappealing options: either go for an expensive cleaning firm that often caters to commercially managed buildings or the gray market where immigrants with questionable legal statuses work for below […]
CME: a centuries old business that continues to benefit from compounding network effects by operating a closed platform.
