Acquired Platforms and Power (with Hamilton Helmer and Chenyi Shi)
147 snips
Apr 6, 2022 
Hamilton Helmer, a prominent strategy thinker and author of "Seven Powers," teams up with his colleague Chenyi Shi from Strategy Capital to dive deep into platform businesses. They discuss the 'Seven Powers' framework and its relevance to understanding market dynamics. The conversation explores platform power economics using Uber as a case study, highlighting customer loyalty and user preferences. They also dissect YouTube's competitive edge, emphasizing its rich content library and user experience, all while navigating the balance between growth and profitability.
AI Snips
Chapters
Books
Transcript
Episode notes
Two Value Jumps
- Companies experience two value jumps: product-market fit and achieving power.
- Power is crucial for long-term success and involves creative invention.
Platform Power Dynamics
- Platforms, defined as intermediaries for transactions, are complex and their power dynamics are hard to discern.
- They create immense value, making analysis crucial.
Technology and Platforms
- Technology dramatically lowers transaction costs, creating new markets for platforms.
- Platforms aren't bound to technology, but technology drives new platform emergence.
