📩 What’s Metcalfe’s Law?
The article discusses Metcalfe’s Law, which states that the value of a network is proportional to the square of the number of connected users. As the physical cost of the network grows linearly, its value grows exponentially.
The value of networks grows exponentially with the number of people using that specific network and that every time a new user joins a network, the number of connections increases proportionally to the square of the number of users.
The article also explains how Metcalfe’s Law applies to digital businesses, and how it can be used to calculate the value of a network based on the number of users and the number of possible connections.
Metcalfe’s Law and Why You Should Keep It In Mind
See you soon.
Follow us on Instagram and LinkedIn