platforms are naturally also competing with your own customers. So as a platform, you have to first prove that you provide enough value so they should pay you a cut and stay on the platform. If you get into the stage where you don't have power, this isn't going to be a fun company to manage,. And i think that most of the founders i talk to, they're not in it just for the money. There's this sense of this is kind of me. It matters to me the durability of this thing and its success.
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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