Question: Platform strategy: How PayPal Solved the Chicken-or-Egg problem Mini case #7 Answer the following questions at least 100 words, page 494. 1. Why are positive

Platform strategy: How PayPal Solved the Chicken-or-Egg problem Mini case #7

Answer the following questions at least 100 words, page 494.

1. Why are positive network effects so crucial to the success of platform strategy?

2. Why is it so difficult to initiate positive network effects?

3. How did PayPal overcome the thorny chicken-or-egg problem?

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