The Cold Start Problem Flashcards

1
Q

What are the two main points in the growth acceleration curve, and how are they defined?

A

Allee threshold - tipping point where network growth happens organically

Carrying capacity - where the network size itself starts to decrease growth trajectory

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2
Q

What are the five stages of the cold start theory?

A

1) Cold start problem
2) Tipping point
3) Escape velocity
4) Hitting the ceiling
5) The moat

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3
Q

What is important to forecast about the size of the network in advance of product launch?

A

A hypothesis for the size of the network to become self sustaining or hit the tipping point

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4
Q

What is important about the size of your initial product launch market?

A

Keep it super small - to an “atomic network”

  • Limited features
  • Dead simple value proposition
  • Smallest possible network
  • Do whatever it takes to get momentum
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