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)
3 Takeaways
00:00
Platform Companies Can Scale So Quickly
platform companies are able to scale as fast as they can add partners. Many of them start with very inferior products or services, and yet they seem to disrupt industries fairly quickly. One way is that the greater the proportion of information as value, the easier it is to make the platform. Another is, how modular is the valued proposition? It's so complex even bowing has a hard time getting seven 37 macs off the ground. And a third propery, course, is this riskiness. How risky is through party experimentation? If it's not very risky, then it's easy invert the firm,. Or if it's a risky then you don't do so.
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