The Pareto Principle Applied to Platform Ecosystems
The "original" Pareto Principle observed that 20% of Italy's population owned 80% of its land. For fun, let's apply it to a different type of "land" - valuable platform ecosystem real estate.
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The "original" Pareto Principle observed that 20% of Italy's population owned 80% of its land. For fun, let's apply it to a different type of "land" - valuable platform ecosystem real estate.
Most successful B2B SaaS businesses encounter the "buy it or build it" dilemma as they amass enough integrations to warrant an app marketplace. Heedjy hope to make "buy" the default option.
We've all heard the story a gazillion times. In 2007 Steve Jobs didn't want app developers ruining the iPhone experience. So Apple shipped a mobile web browser instead, and the rest is history.
Shopify's latest investor overview "Leading the future of commerce" just dropped, and features some eyewateringly good numbers for their developer ecosystem.
In July 1993 cartoonist Peter Steiner sat at his desk, trying to think of a clever caption for one of many cartoons he created for the New Yorker. The cartoon had no defined, intended meaning.
One of the best ways to get a closer look “under the hood” of public companies is to check out their Investor Day presentations. Atlassian's 2019 Investor Session was a tour de force of Platform Economics.
Fast Company recently reported that contractors at multiple delivery platforms have partnered with labor advocacy group Working Washington to demand a $15/hour minimum wage across the entire gig economy.
Early stage SaaS companies survive and thrive by creating new customer value as fast as they can. Ignore feature requests from your early adopters at your peril. They churn, you fail.
The list of ‘product’ companies that have committed to become ‘platform’ companies is short. The list of ‘product’ companies that have successfully become ‘platform’ companies is even shorter. Mature partnerships — and partner programs — are common trait of those rare successful platforms.
Beginning his 15 minute talk at the the 2010 TEDGlobal conference in Oxford, England, author and journalist Matt Ridley compared side-by-side an Acheulean hand axe from half a million years ago, and a modern computer mouse.
From enabling passengers to embark and disembark trains, to vertebra-crushing shoes, and operating systems like Microsoft Windows, “platform” has been used to describe many different things, in many different contexts, over a long period of time.
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