Platforms - KeynesYouDigIt/Knowledge GitHub Wiki
- Disintermediation never derailed a successful marketplace, and entrepreneurs tend to overestimate that risk
- If a competitor can quickly imitate a platform, firms should consider which apsects of their ecosystem to own and control themselves
To turn a product into a platform:
- Start with a defensible product and a critical mass of users
- Apply a hybrid business model focused on creating and sharing new value
- Drive rapid conversion to the new platform
- Identify and act on opportunities to deter competitive imitation