Why Platform Companies (Facebook, Amazon, Airbnb and Uber) Are the Opposite of Traditional Companies, Why They Become So Enormous, and How They Can Be Effectively Regulated: Marshall Van Alstyne (repost) (#79)
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Are You Advancing the Eu?
It's quite remarkable how diverse this industry iner connections are. Because they are largely information based businesses, and the marginal cost of growth is so low - almost everything is profitable. And it's also the case that information in one industry may give you leverage into an adjacent industry. To use an example from alibaba, when alibaba entered banking, it had the transactions data of merchants on its sells platform which then allowed it to underwrite loans at lower cost than banks.
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