Sangeet Choudary returns to the show, and in this episode, we unpack key insights from his latest work – The Building Blocks Thesis.
Sangeet Paul Choudary is the founder of Platformation Labs and the best-selling author of Platform Revolution and Platform Scale. He has advised the leadership of more than 30 of the Fortune 500 firms and has been recognized as a Young Global Leader by the World Economic Forum. Sangeet’s work on platforms has been selected by the Harvard Business Review as one of the top 10 ideas in strategy and has been featured three times in the HBR Top 10 Must Reads compilations. He is appointed to advisory boards and committees at several Global 2000 firms and government bodies, including the ING Group, the MAS’s ASEAN Financial Innovation Network, Boson Protocol, and Standard Bank Group, South Africa. Sangeet is a frequent keynote speaker at leading global forums, including the G20 Summit, the World50 Summit, the United Nations, and the World Economic Forum.
In this episode, we delve into Sangeet's recent report and explore how the building block approach can play out in the real-world economy, despite it still being early days. We also discuss why the fundamentals in venture capital will change, the nature of composability, the role of DAOs, and empowering the end-stakeholder.
A full transcript of the episode can be found on our website: boundaryless.io/podcast/sangeet-choudary/
Key Highlights from the Conversation
> Markets evolve towards more composability as more of the value chain becomes digitized.
> Traditional extraction models (e.g., economies of complements, data lock-ins, etc.) are challenged.
> Value extraction will move to the venture investing and fund layers.
> Organizations will need to adopt a more DAO-like structure and become more context-rich (3EO framework).
To Find Out More About Sangeet's Work:
> Twitter: twitter.com/sanguit
> LinkedIn: sg.linkedin.com/in/sangeetpaul
> Newsletter: platforms.substack.com/
> Building Blocks Thesis: platformthinkinglabs.com/building-blocks/
You can get an illustrated copy of the Web3 Bootstrapping Playbook, launching in September 2022. Sign up here to get early access: https://bit.ly/3oaRwaP
Other References and Mentions:
> Ekstep Foundation: ekstep.org/
> "Jack Dorsey says VCs really own Web3 (and Web3 boosters are pretty mad about it)", The Verge, December 2021: www.theverge.com/2021/12/21/22848…-capital-twitter
> Re-bundling the Firm around Problems to Be Solved – with Sangeet Paul Choudary: boundaryless.io/podcast/sangeet-paul-choudary/
> Building Permissionless Ecosystems: Data and Infrastructure at DIMO – with Rob Solomon: boundaryless.io/podcast/rob-solomon/
Find Out More About the Show and the Research at Boundaryless:
https://boundaryless.io/resources/podcast/
Thanks for the ad-hoc music to Liosound / Walter Mobilio. Find his portfolio here: boundaryless.io/podcast-music
Recorded on 9 June 2022.
Boundaryless Conversations Podcast