From Crypto-Native to Crypto-Enabled
I’m not one to make big annual predictions, but one thing that seems likely to me is that 2024 will mark the emergence of mainstream apps powered by ...

Bitcoin as Battery
One of my favorite things about crypto is that, every so often, your conception of what it is changes.Bitcoin at first was "weird internet money...

The Internet's Next Business Model: A Conversation with Cloudflare's Matthew Prince
I just released a new episode of The Slow Hunch with Matthew Prince, CEO and co-founder of Cloudflare. Since we invested in their Series C back in 2013, I've watched Matthew and his team build one of the most critical pieces of internet infrastructure—protecting and accelerating vast portions of global web traffic. Our conversation traces Matthew's journey from his early "slow hunch" that the internet was fundamentally broken and needed fixing. We start with his law school days in 2000, when ...
From Crypto-Native to Crypto-Enabled
I’m not one to make big annual predictions, but one thing that seems likely to me is that 2024 will mark the emergence of mainstream apps powered by ...

Bitcoin as Battery
One of my favorite things about crypto is that, every so often, your conception of what it is changes.Bitcoin at first was "weird internet money...

The Internet's Next Business Model: A Conversation with Cloudflare's Matthew Prince
I just released a new episode of The Slow Hunch with Matthew Prince, CEO and co-founder of Cloudflare. Since we invested in their Series C back in 2013, I've watched Matthew and his team build one of the most critical pieces of internet infrastructure—protecting and accelerating vast portions of global web traffic. Our conversation traces Matthew's journey from his early "slow hunch" that the internet was fundamentally broken and needed fixing. We start with his law school days in 2000, when ...
Share Dialog
Share Dialog
There are a lot of great insights in Benedict Evans' most recent report. It's worth a read. One that stood out to me is this one:

Because a lot of our social network lives at the phone OS layer (contacts), and because mobile social may be "sticky like nightclubs, not like banks", perhaps the switching costs among mobile social networks are low. At USV, we've been talking about this a lot in terms of how a network's policies (e.g., user privacy, share of economics) relate to its ultimate ability to retain users. And the idea that perhaps the most sticky networks are NOT the ones that are the most heavy handed in terms of attempting to lock in their users (e.g., by making data export/import hard). This would suggest that in many cases (at least in mobile / social), data lock in is less of a "lock" than you might think, and in fact, there may be something cathartic and cleansing about walking away from your data, i.e., "detoxing".
There are a lot of great insights in Benedict Evans' most recent report. It's worth a read. One that stood out to me is this one:

Because a lot of our social network lives at the phone OS layer (contacts), and because mobile social may be "sticky like nightclubs, not like banks", perhaps the switching costs among mobile social networks are low. At USV, we've been talking about this a lot in terms of how a network's policies (e.g., user privacy, share of economics) relate to its ultimate ability to retain users. And the idea that perhaps the most sticky networks are NOT the ones that are the most heavy handed in terms of attempting to lock in their users (e.g., by making data export/import hard). This would suggest that in many cases (at least in mobile / social), data lock in is less of a "lock" than you might think, and in fact, there may be something cathartic and cleansing about walking away from your data, i.e., "detoxing".
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