The 4 Pillars Of Defensibility
NFX Masterclass · Season1: Network Effects · Episode4
Speakers: Pete Flint
I first realized the power of network effects from my experience at lastminute.com, a late 90s Web 1.0 company. I joined as part of the founding team in the travel space. We were providing a travel marketplace for everything from flights, hotels, tickets, to car hire. At the end, it was a phenomenal success. It sold for over a billion dollars in 2005. After lastminute.com, I moved to Silicon Valley to attend Stanford and stumbled across the real estate industry and ended up attending a real estate conference. Driving back that day, I started to connect the dots and see how what had happened in European travel was going to happen to the U.S. real estate industry, where there would be a marketplace that would provide transparency to the consumer as well as provide a platform to help the supply side market the goods and services. So I set out to build a marketplace in the U.S. real estate industry that became Trulia. I really thought about it from the principle of, how can I amass as much supply as quickly as possible and then track consumers on top of that? How do you find fragmented supply in this high-value transaction and build a better user experience on top of that to help consumers find exactly what they need?
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Melia Russell
Melia Russell
Business Insider
"NFX has emerged as a prolific early-stage venture firm. The firm stands apart with its focus on developing software for founders and providing it for free. The NFX Masterclass builds on a firm tradition of aiding founders. It invites founders to settle in with a cup of coffee and hear from their investors for over three hours, giving them a taste of all the guidance and support the firm has to offer."
Nir Eyal
Nir Eyal
Author of Hooked: How to Build Habit-Forming Products
"NFX has given the startup community a tremendous gift. This course on network effects is essential viewing for any founder, investor, or business leader who wants to make an impact. It is entertaining, important, comprehensive, and most importantly, practical."
Adam Grant
Adam Grant
#1 New York Times bestselling author of THINK AGAIN and host of the TED podcast Re:Thinking
"Network effects are jet fuel for tech companies, but few founders truly understand them. This masterclass will get you thinking—and rethinking—about strategies for growing and scaling your startup."
Mario Gabriele
Mario Gabriele
The Generalist
"A thoughtful exploration of the startup world’s ultimate superpower: network effects. If you want to understand and master the mechanics that power great companies, this is an exceptional resource."
Simone Cicero
Simone Cicero
Boundaryless
"Exceptional work, and the contribution to founders -- by making this free to access --is going to be massive."
Robbie Vorhaus
Robbie Vorhaus
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FAQ
What is NFX Masterclass?
NFX Masterclass is the first video streaming platform built exclusively for early-stage founders. 100% free. It is built by NFX, the world’s largest dedicated pre-seed and seed venture firm and the creator of popular free founder products including BriefLink, a fundraising deck service, and Signal, the founder-investor network.
Is NFX Masterclass really free?
Yes. NFX Masterclass is 100% free and we will never charge for it. Our mission is to build tools that benefit the startup community. As founders ourselves, we have engineered network effects into 10 businesses valued at $10B+. We believe the more founders and startup teams that master the power of network effects, the more value will be created in the world.
Who is NFX Masterclass for?
Founders, CEOs, startup teams, growth leaders, marketers – and anyone who wants to move fast and find a competitive edge in their professional and personal lives.
Why do I need a login to access NFX Masterclass?
When you register for NFX Masterclass, you automatically get access to all the episodes, supplementary material, and transcripts and will be first to know when new seasons drop. You can also save your progress, to keep watching wherever you left off.
Are there upcoming seasons of NFX Masterclass?
Yes, upcoming seasons will drop soon. They are all focused on helping early-stage founders unlock their competitive edge. Viewers of Season 1: The Network Effects Masterclass will get first access to these seasons. Tweet @NFX to share wishlist topics you would like to see us cover in the future.
Is there an audio-only version of NFX Masterclass?
Yes, you can listen to NFX Masterclass once you are logged in. The full experience includes videos, diagrams, and reading material.
Where did you film Season 1: The Network Effects Masterclass?
At various locations around the Bay Area: In the Craftsman House, at Sea Ranch, in our NFX offices in San Francisco and Palo Alto, in the Mammoth Biosciences office, and also at home in San Francisco with one of our GPs.