min read
The first fax machine was entirely useless since there was no one else who could receive a fax. When finding a place to eat it can be uncomfortable for many people to eat at a restaurant with no other diners. Network effects like these influence individual decision making on a daily basis. Platform businesses like Facebook and Uber leverage this principle to build value for their users and fundraising platforms such as Community Funded use it as well. In this talk, Jesse briefly discusses the science and history of networks and platforms and how they can be applied to modern fundraising.