Twitter | Search | |
Li Jin
Consumer investing . MBA dropout. Alum: product , . Beijing born + Midwest bred. Loves tech, consumer behavior, & corgis.
430
Tweets
262
Following
16,595
Followers
Tweets
Li Jin retweeted
Jeff Jordan Apr 18
Big congrats to and the entire  team on their IPO milestone. It's been an amazing experience watching the company grow - they only had eight employees when I joined the board!  We can’t wait to see where they go from here!    !
Reply Retweet Like
Li Jin Apr 7
Replying to @stevesi
You're such an influencer
Reply Retweet Like
Li Jin Apr 1
I meant comparisons of network effects within the same categories. So consumer messaging vs enterprise messaging--the latter is weaker since the network effects are "local" in that they exist on the company or team level. Vs in consumer it's more a global network effect
Reply Retweet Like
Li Jin Apr 1
So true!
Reply Retweet Like
Li Jin Mar 31
I'd go a step further and wager that a startup could beat IG and YT at the beauty vertical if they focused on solving specific needs for beauty influencers and fans (commerce, better instructional videos, 1:1 classes, etc)
Reply Retweet Like
Li Jin Mar 31
Replying to @Stus_Lox @DCoolican
It's definitely partially the data, but a lot of the success also comes from their distribution advantage and having a huge user base that will buy whatever is at the top of the search results (whether that's Amazon private label or something else)
Reply Retweet Like
Li Jin Mar 31
Replying to @andrewchen @DCoolican
Smaller networks can win by creating a product that is more performant--aka having the "it works" feature. Case in point Facebook vs Friendster
Reply Retweet Like
Li Jin Mar 31
Replying to @Anderson760 @DCoolican
I think it's similar to why a lot of wholesale b2b transactions still happen offline. The large players have leverage and don't have incentive to participate in an online marketplace -- the marketplace is only necessary if it's a small influencer who needs incremental revenue
Reply Retweet Like
Li Jin Mar 31
Replying to @andrewchen @DCoolican
My observation is that network effects for b2b products are often weaker than for consumer products. Consumer networks often end up being near-monopolistic (eg consumer messaging), whereas there can be multiple b2b products since each network is at team or company level
Reply Retweet Like
Li Jin retweeted
Frank Chen Mar 31
Ready, set, lightning round! ⚡ and debate whether markets such as food delivery and entities such as cities have network effects. And how strong they are if they exist.
Reply Retweet Like
Li Jin retweeted
D’Arcy Coolican Mar 30
What's the most confusing thing about figuring out what is or isn't a network effect? AMA this weekend and we'll answer (or at least debate) your questions
Reply Retweet Like
Li Jin Mar 30
Replying to @ljin18
And ask us anything about network effects and we'll do our best to answer!
Reply Retweet Like
Li Jin Mar 30
Replying to @ljin18
Rapid fire round - which companies/categories have stronger or weaker network effects? Food delivery, social networking, etc.
Reply Retweet Like
Li Jin Mar 30
Replying to @ljin18
And check out our other discussions on network effects: What even IS a network effect? Debunking Metcalfe's Law and debating whether brand is a type of network effect (I think yes!):
Reply Retweet Like
Li Jin Mar 30
Replying to @DCoolican @withfries2
Watch our hallway discussion on metrics to measure network effects here with and :
Reply Retweet Like
Li Jin Mar 30
Replying to @ljin18
(often also called success or utilization rate) - power user curves to see how engagement is evolving over time! See our post:
Reply Retweet Like
Li Jin Mar 30
We often have founders telling us that their business has network effects, but few have quantitative ways to demonstrate that. Here's a few metrics I often use when assessing startups' network effects: - cohort curves: is activity increasing as the network grows? - match rate
Reply Retweet Like
Li Jin Mar 29
Replying to @sarthakgh
It's called becoming educated
Reply Retweet Like
Li Jin Mar 22
Replying to @eugenewei @andrewchen
LOL
Reply Retweet Like
Li Jin Mar 22
Forgot to actually take a picture of us, but had such a fun night hanging out with some of my favorite marketplace startup founders! Cc
Reply Retweet Like