Platforms and Power (with Hamilton Helmer and Chenyi Shi)
Acquired
00:00
Understanding 'Seven Powers' in Business Strategy
This chapter explores the 'Seven Powers' framework as a means to grasp business strategy, emphasizing the difference between product market fit and actual market power. It discusses the evolution of platforms as intermediaries, highlighting their historical roots and the role of technology in fostering innovation. The conversation also addresses the complexities of maintaining value within competitive ecosystems and the strategic awareness needed to navigate these dynamics.
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