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Nearly all of the most profitable Internet companies are platforms: * eBay is a platform for sellers to connect with buyers * Many think that Amazon is a onli
by johnvanommen 8y ago
Nearly all of the most profitable Internet companies are platforms:
* eBay is a platform for sellers to connect with buyers
* Many think that Amazon is a online retailer, but it's not; it's a platform. A huge percentage of the items sold on Amazon are owned by small businesses who are leveraging Amazon's platform (website, warehouses, logistics, delivery.) If eBay had been more ambitious, eBay could've replicated what Amazon has done.
* Facebook is a platform for people to connect with other people
* even Google is a platform; it's basically taken the entire Internet and added ads to it. The Internet itself is Google's content, and that content was created by other people
And that's why MoviePass is doomed. If MoviePass had become a platform where movie theaters could unload excess inventory, then it could succeed, but the current model is simply selling movie tickets at a loss.