The Cold Start Problem by Andrew Chen audiobook

The Cold Start Problem: How to Start and Scale Network Effects

By Andrew Chen
Read by Andrew Chen

HarperCollins 9780062969743

Unabridged

Format : Library CD (In Stock)
  • Available on 12/07/2021

    ISBN: 9798200747054

  • Available on 12/07/2021

    ISBN: 9798200747047

  • Available on 12/07/2021

    ISBN: 9798200747061

Runtime: 10.47 Hours
Category: Nonfiction/Business & Economics
Audience: Adult
Language: English

Summary

Summary

A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech’s most successful products have solved the dreaded “cold start problem” - by leveraging networks effects to launch and scale towards billions of users. 

Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of “the network effect,” where a product or service’s value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they’re messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. 

Yet most entrepreneurs lack the vocabulary and context to describe them - much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and  on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest - to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. 

The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are virally important today.

Reviews

Reviews

Author

Author Bio: Andrew Chen

Author Bio: Andrew Chen

Andrew Chen is a general partner at Andreessen Horowitz, investing in early stage consumer startups. He is a board member of fast-growing startups like Substack, Clubhouse, Virtual Kitchen Co, Singularity 6, Snackpass, and Sleeper, as well as an advisor/investor for dozens of tech startups including AngelList, Gusto, Dropbox, and Tinder. He previously led the Rider Growth teams at Uber during their high growth pre-IPO years. He has been feature in Wired, the Wall Street Journal, and the New York Times. He holds a BS in Applied Mathematics from the University of Washington, where he graduated at the age of nineteen. He lives in San Francisco.

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Details

Details

Available Formats : CD, Library CD, MP3 CD
Category: Nonfiction/Business & Economics
Runtime: 10.47
Audience: Adult
Language: English