Platform Businesses

What a mistake it is to title-chase when choosing a startup 🤦🏻‍♀️. SVP at a company goes nowhere is SVP of nothing. Early teammate at a company that becomes a $10B+ platform biz, grows into a staff engineer, an SVP of product, an extraordinary leader. Choose company, not title.

Speaking as a creator, the crucial ownership question in a social network is not whether I own my content (and can take it with me) nor whether I own my subscriber list and can take them somewhere else, but whether the network will give me more subscribers. That’s the value.

For media companies, the App Store is a tollbooth to reach their existing audience. The 30% tax is not sustainable and it was bound to break. New @ScreenshotEssay: Epic, Media Companies, and the App Store as a Dumb Pipe

New in the Screenshot Essays series: Humble Giants are Unbundling the Internet: http://estromberg.com/humble-giants

1/ I think Substack is in the process of deciding whether they want to take Shopify’s approach or Etsy’s approach, or some combination of both...

The Hey vs. App Store dispute is a manifestation of Karl Marx’s ideas about the struggle between capital and labor, updated to a 21st century world in which a platform, rather than a factory owner, controls the means of production and distribution.

I realized I made an error to FB/IG total and that the Mktg Cost line item should have been allocated to FB/IG And added $100 AOV to the title to better ground the % variable costs The story is the same, but its important to use this illustration vs OP as the mental model

High-Level Overview on N...