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Good product teams strive to come up with ideas… that create high customer value for low effort.

…initial drop-off rate, rate of descent, and terminal value – are direct measure of product-market fit.

Users who continuously find value in a product are more likely to tell their friends about it.

…a product can decrease in perceived value if it starts off as scare and become abundant.

…the need to feel social connectedness shapes our values and drives much of how we spend our time.

Businesses that leverage user effort confer higher value to their products simply because their users have put work into them. The users have invested in the products through their labor.

The collection of memories and experience, in aggregate, becomes more valuable over time and the service becomes harder to leave as users’ personal investment in the site grows.

Information generated, collected, or created by users (e.g., songs, photos, or news clippings) are examples of stored value in the form of content.

Reputation is a sort of stored value that increases the likelihood of using a service.

The more users invest in a product through tiny bits of work, the more valuable the product becomes in their lives and the less they question its use.