Network effects and Feedback loops — the Betamax and VHS story
Published in
7 min readOct 9, 2018
Photo by Chris Lawton on Unsplash
As a teenage boy in Australia in the early 1980’s, I would regularly go down to the local video store in the Brisbane suburb of Albion to rent a movie. It was a novel concept for those of us privileged enough to have a Video Cassette player (a.k.a. a VCR) in the home.