Decoding the Enigmas of the Internet

DN89...Jybs
7 Jul 2024
85


Imagine this: there's a super cool secret out there worth a billion dollars, and someone is about to stumble upon it without even realizing it! Peter Thiel, a smart guy from Stanford, once said that sometimes the best clues are the things people aren't telling you. So pay attention, because you never know where the next big discovery might be hiding!

Did you know that keeping secrets can make a lot of money? A successful investor, Peter Thiel has made a ton of money by investing in companies like Facebook and LinkedIn with big secrets they didn't want to share. These secrets helped these companies become worth billions of dollars in just a few years. But you don't have to be a big company to have a valuable secret. The next big tech business could be started by someone like you - a determined entrepreneur with a great idea and a secret that sets you apart from the rest.


Where are the New Secrets of the Web?


I think knowing secrets about how people behave can help you figure out why they do things, even if they don't realize it themselves. These secrets can be really helpful for making products that people want to use all the time and can give you an edge over your competition. Plus, finding these secrets doesn't have to cost a lot of money, but they can lead to really successful businesses.

Back in the day, only big companies had the money to find out how to make money. Companies like GE, Dupont, Chrysler, and IBM were experts at figuring out the best way to make stuff. They kept their cool ideas hidden in the world of industrial design. These companies had to spend a ton of money on research and development to come up with the best ways to make products that were better, cheaper, or faster.

In today's world, technology is changing everything, even the way we get services. Companies like AirBnb, DropBox, and Square are using the internet to come up with new ways to help people. Instead of focusing on how things look, they're figuring out how to make things easier to use. By creating websites and apps that are simple and fun to use, these companies are solving problems in a whole new way.


Innovate the Interface, Innovate the World


When technology changes a lot, there are usually a bunch of cool new things to discover. The way we use technology can become simpler and more fun. And when it's easier to do something, more people start doing it.

Throughout the years, tech companies have struck gold by uncovering hidden behaviors thanks to changes in how we use technology:

  • Apple and Microsoft hit the jackpot by making computers easier to use with colorful icons instead of boring text.
  • Google made searching the web a breeze compared to other cluttered websites like Yahoo.
  • Facebook and Twitter made chatting with friends online super simple by understanding how we like to connect with others.


Every time a new design was used, it made doing something on the internet simpler and showed us some unexpected things about how people act online.

Lately, Instagram and Pinterest have been really smart about using how people act on their apps to make money. They pay attention to how we use their websites and then use that info to make changes that keep us coming back for more.

Pinterest was cool because it had a bunch of pictures that looked awesome. It showed us how people like to look at stuff online in a fun way.

Instagram got a major upgrade when they added cameras to smartphones. They found out that their simple filters could make even not-so-great phone photos look awesome. Now, taking cool pictures on your phone was a piece of cake! Instagram used this new trick to get tons of people excited about snapping pics all the time.

Pinterest and Instagram were able to create a lot of value with just a few people working on them. They didn't have to solve difficult technical problems but instead focused on making it easy for people to use their apps and websites.


From the beginning of the exploration to


Instagram and Pinterest both had something else in common besides using what they learned about people's behavior from changing how their apps looked:

Both of them became super popular and worth a ton of money because everyone started using them and they became the go-to choice in their markets.

The network effect is when more people use a service or website making it better for everyone. It's like when you and your friends all join a game and it becomes more fun because there are more people to play with. This has helped a lot of popular tech companies and social media sites become successful in the last ten years.

Back in the day, big companies used to have lots of ways to stay ahead of the competition. They could own patents, create a strong brand, save money by getting bigger, or benefit from having a big network of customers. But nowadays, most new companies can only rely on the network effect to try and get ahead.

When companies focus on making their products easier to use, it changes the game for everyone. In the past, companies could stay ahead by spending a lot of money on building their products. This would help them sell more and become more popular than their competitors. But now, companies are finding that making their products user-friendly is just as important. This means that new companies have a better chance of competing because they don't have to spend as much money on patents, branding, and equipment.

However, nowadays, new internet companies that cater to regular people don't have those same benefits.

They need to get people using their product all the time and get more and more people to join in before the other companies beat them to it. It's the only way they can stay ahead.

Making software isn't cheaper when you make a lot of it, the rules for getting patents are confusing and expensive for new businesses, and spending money on advertising too soon is a bad idea.

Once a lot of people are using a network effect business every day, that's when it's a good idea to start advertising to build up the brand. Twitter recently started showing commercials on TV to tell people about its partnership with NASCAR, which is a good way to get more people interested in using Twitter.

In today's world, we have lots of new information about how people act online. But when it comes to making a successful business, the ways to get ahead are becoming more limited. To make it big, you need to have a plan to create a network effect business. Without this strategy, any secrets you have won't help you for very long.

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