Professor at Boston University's Questrom School of Business. Expert on platforms and AI businesses. https://teapaw.org/t.co/PRtXfZpSeI
Joined March 2009
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What is the ideal business model?
Julian Wright and I make the case for platforms: the best possible combination of profitability, scalability and defensibility.
The caveats matter. The takeaway: seek platform potential, not just pure platforms.
platformchronicles.substack.…
Sometimes whether a platform's network effects are global or local (or somewhere in between) is not immediately obvious. Here's how to figure it out - for both investors evaluating platforms and entrepreneurs assessing the defensibility of their platform
platformchronicles.substack.…
New @HarvardBiz article on how universities can take advantage of online platforms without being commoditized.
hbr.org/2022/12/how-higher-e…
Had a great conversation with Josh Morrison from @FutureofLawLab at the U of Toronto about the role played by aggregators on digital marketplaces.
youtube.com/watch?v=wCQMnxRu…
Fun interview yesterday with @ntwk_platforms about how to evaluate the defensibility of network effects.
youtube.com/watch?v=fMRc_8ky…
We did a fun video interview around this post and our corresponding @HarvardBiz article with Josephine Too.
youtube.com/watch?v=mFaAYhrU…
And even when the data-enabled learning virtuous cycle is at play and "spins" fast, that doesn't guarantee defensibility. For that, total and marginal value from learning must be high, data must have few substitutes, and improvements based on it must be hard to copy.
Just because a product is "smart" (e.g. TVs, fridges, clothes), it doesn't mean it benefits from data-enabled learning. That requires the product actually gets better as it is used by more customers.
Listening to @jcremer present at #APIOC in Tokyo, I am overwhelmed by the realization that this man's unparalleled ability to make economics engaging and fun was single handedly responsible for my sudden desire to embrace it as an undergraduate student 20 years ago.#RoleModel
My 9min talk on data, network effects & competitive advantage @digHBS Lots of products get better by learning from customers. Doesn't necessarily mean they have network effects or are defensible.
youtu.be/xGGIKKUHQWM
Damn it. @billmaher has a much more entertaining take on 5-star rating systems than our piece. 🤣
@jbreinlinger
youtu.be/bA5rxBIzIGA
About to register to a Bank of Canada conference and just came across this country option. I have so many questions... 🤣
See @jbreinlinger 's nice presentation on this topic earlier this year at the Marketplace Conference:
youtube.com/watch?v=2WTukgLg…
Great @joerogan episode on @Twitter's #platformgovernance. CEO @jack & Head of platform policy @vijaya vs. journalist @Timcast , who calls out Twitter's inconsistent enforcement of its rules. Sometimes acrimonious, but good debate to have.
youtube.com/watch?v=DZCBRHOg…
Sorry, but also...d) it is rational and profitable for them to be on Amazon's platform. Please see papers.ssrn.com/sol3/papers.…
Actually, this *is* complex and the paper is far more nuanced than this quote suggests. Please see abstract and summary of findings.
