Before you start thinking about how to solve a problem with ML, take some time to think about the problem you are trying to solve. Ask yourself the following questions:
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Define the business problem you are trying to solve.
How to kick-start a product with network effects? This is what the cold-start problem refers to. It is one of the biggest problems for new startups. Andrew Chen, a VC, has some potential solutions:
Consider the price of drinks at a well-known juice bar: a small (350 ml) size costs $6.10; the medium (450 ml) $7.10; and the large (610 ml) $7.50. The medium is a slightly better value than the small, and the large better still. The medium is designed to be the decoy, steering...
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