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