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:" ven Metcalfe's law understates the value created by a group-forming network as it grows.
Let's say you have a GFN with n members.
If you add up all the potential two-person groups, three-person groups, and so on that those members could form, the number of possible groups equals 2 < sup > n </ sup >.
So the value of a GFN increases exponentially, in proportion to 2 < sup > n </ sup >.
I call that Reed's Law.
And its implications are profound.

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