3min chapter

Talking about Platforms cover image

From early platforms to cloud empires with Vili Lehdonvirta

Talking about Platforms

CHAPTER

The Evil Man Theory Is Too Simplistic

The evil man theory is too simplistic because there are founders who stayed true to their beliefs but the trouble is their platforms didn't scale. The founder made that flip from libertarian and no top down control into essentially reproducing the government style, and top down enforcement of contracts and property rights which prevent market failures. And this process was often incremental right so if we take the example of example of eBay and peer remedier. Very reluctantly, you know, every time the market broke his platform broke in some way then he very reluctantly introduced some intervention to do something bad.

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