One of the most powerful phenomenons of the internet age has been the network effect that increases the value of a product or service exponentially the more people own or use it. Facebook (NASDAQ:FB) is a perfect example. (See The Facebook Effect: The Inside Story of the Company That is Connecting the World by David Kirkpatrick) Had my best friend and I been the only two people with access to Facebook, it probably would not have been able to go public and make Mark Zuckerberg a multi-billionaire. In fact, if there were 1 billion users on Facebook each with access only to his or her own pages, the value of Facebook will have been much less than it...
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