How did facebook get network effect?

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The network effect is the simple principle that the more members or users a social network has, the more attractive it becomes for other people to join as well, because the usefulness of the network goes up with the number of users.

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A major lesson was controlled growth. Avoiding the strong temptation, especially when a social network is concerned, to grow very rapidly, Facebook started as a Harvard-only network, then expanded...

Facebook launches a feature called Scrapbook that allows parents to give their kids an official presence on Facebook even when they are too young to have their own accounts on the network by tagging them in photos. A Scrapbook can be owned by two people who have indicated to Facebook that they are in a relationship. When the kids grow old enough and get their own accounts, they can take over ownership of the Scrapbook and change the privacy settings thereof.

We may as well get used to it, said David Kirkpatrick, author of The Facebook Effect. “It might very well go away further down the road, but something this big takes a long time to disappear ...

The network effect has created exponential growth rates for networking platforms such as Facebook, YouTube, and Instagram. Multiple network effects have occurred from individuals joining social ...

In such cases, network effects are a result of aggregation of the two sides and while each side can be brought on virally through some incentive, it’s very difficult to leverage the indirect ...

All these features have helped Facebook to reach each and every individual in this world. A number of changes have also been made on the website from the year it was launched like the introduction of the Like button, sharing of images and videos, News Feed, Timeline and Trending Topics with a much more beautified and handsome versions which have led the website to become the most commercial networking platform with over 900 million users around the globe.

Facebook became the largest social network in the world, with more than one billion users as of 2012, and about half that number were using Facebook every day. The company’s headquarters are in Menlo Park, California. Access to Facebook is free of charge, and the company earns most of its money from advertisements on the Web site. New users can create profiles, upload photos, join a preexisting group, and start new groups. The site has many components, including Timeline, a ...

Social networks, like Facebook, can have a detrimental effect on marriages, with users becoming worried about their spouse's contacts and relations with other people online, leading to marital breakdown and divorce. According to a 2009 survey in the UK, around 20 percent of divorce petitions included references to Facebook.

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