Firms that cultivate nimble trust-based relationships with external collaborators are positioned to form vibrant business ecosystems that create value more effectively than hierarchially organized business.
This is a big reason why subscriptions present an opportunity. They simplify the network effects to two sides. Content as supply, a paying audience as demand.
The last time Amazon was worth $34 billion was in September 2007! Amazon's net revenues that year were $14 billion, with $3.4 billion of gross profit. While most of Amazon's volume at the time was first-party e-commerce, its marketplace business constituted nearly 30% of unit (not dollar) sales. Based on recent filings with more business unit... See more
Crucially, Spotify announced that 7,500 musicians are making at least $100,000 per year through its platform, which isn’t much considering the service is available in 93 markets.
Which is why we are seeing a huge increase in people camping, renting or buying RVs (the industry has seen an 1800% increase!!!), and visiting national parks. So if you own a bit of extra land — a farm, a ranch, a non-profit with land — there is a very real economic opportunity to turn that land into useable campsites and outdoor travel... See more