Networks, Revenues and Enterprise Value: Metcalfe’s Law Revisited
Legal Aspects, Business and Commercial Law in a Global Context: 38Law 2021
I use data on Facebook and Netflix to validate Metcalfe’s law and propose changes related to variables used in calculations. I find that Metcalfe’s law provides for the best fit in Facebook, but Sarnoff’s law should be used in the case of Netflix. This supplements…