Discussion: Status as a Service Business Model
Happy Hour is a causal weekly check in for all Network Capital subscribers. It is great way to meet other members and join in on a interesting conversation.
In this happy hour, we will be discussing the idea of Status as a Service.
Social capital is, in many ways, a leading indicator of financial capital, and so its nature bears greater scrutiny. Not only is it good investment or business practice, but analyzing social capital dynamics can help to explain all sorts of online behavior that would otherwise seem irrational.
In the past few years, much progress has been made analyzing Software as a Service (SaaS) businesses. Not as much has been made on social networks. Analysis of social networks still strikes me as being like economic growth theory long before Paul Romer's paper on endogenous technological change. However, we can start to demystify social networks if we also think of them as SaaS businesses, but instead of software, they provide status.
Read more about this in our newsletter - https://www.thenetworkcapital.com/p/should-you-be-an-optimist-who-worries