What is the significance of the master class on network effects mentioned in the text?
The Power of Network Effects: A VC Masterclass
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NFX, a leading seed-stage firm, focuses on network effects to help founders build successful companies. They offer a master class encapsulating 20 years of learning on this topic. Companies like Mammoth Biosciences and Incredible Health are highlighted as examples of leveraging network effects. Despite economic downturns, NFX remains optimistic, investing with a long-term perspective, focusing on building substantial revenue in real businesses.
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How is NFX's investment strategy affected by current market conditions?
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