In the case of no right sharing business, particularly, the things you really want to ask yourself is, what is preventing my customers from also accessing the other platform that's competing with me? In your customers, referring to both your riders and your drivers. So this is a snaro that we call multi homi. The result of that is cating so much value in all those thats arbitraged. And your customers get it, but not the owner of the platform hitself. At one point i started a start up that actually got killed by ooper not willing to play ball with us in cutting off ourapi. But is effectively met a search for ride sharing to be able to find
We sit down once again with one of the world’s very best strategy thinkers, 7 Powers author Hamilton Helmer — this time joined by his impressive Strategy Capital colleague Chenyi Shi — to discuss platform businesses, and how the Power framework applies to them. If you’re building, investing in, or just curious about the dynamics of platforms, this episode is a must-listen. We owe a huge thanks to Hamilton and Chenyi for sharing their work-in-progress insights on this very special category of companies. Tune in!
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Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.