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Importance of Social and Economic Mobility in Platforms
The vision of decentralization in platforms should focus on enabling true social and economic mobility within the platform. Additionally, the presence of a viable middle class is crucial in a platform to ensure that not only the elite and talented individuals thrive, but also provide opportunities for those who may lack talent to succeed.
We take Acquired to the Old Town Road to cover the amazing story behind the biggest global sensation of 2019 — and the highest valued private startup in the world — TikTok. How did a mid-30 year old UX architect at enterprise software giant SAP wind up creating Gen Z’s favorite social app that’s now rivaling Instagram in global MAU? Why is a 2017 merger of two Chinese companies being branded a US national security threat and retroactively placed under review by CFIUS? And perhaps most importantly, why is TikTok such an important product & technology innovation that all of us should be learning from? Tune in for all the answers!
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Listen to the best highlights from the podcasts you love and dive into the full episode