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I think this misses the point of the analogy. Airbnb and netflix are both new competitors to hotels and blockbuster respectively, which are (or were) the entren
by chadash 8y ago
I think this misses the point of the analogy. Airbnb and netflix are both new competitors to hotels and blockbuster respectively, which are (or were) the entrenched players. Whether hotels are better or worse than apartment rentals doesn't matter. The point is that generally, companies don't want to share data with or help out their competition.
- jimmy1 8y ago> Whether hotels are better or worse than apartment rentals doesn't matter It absolutely matters. Blockbuster in it's later years was not only entrenched, but also a bad experience. People were tired of being price gouged with late fees. Netflix was a better experience, even if you got your DVD a couple days later. > companies don't want to share data with or help out their competition. We share data with our competition all the time. It may help them, but it also helps us as well. You must decide if the business value it brings you is greater than the perceived data it brings them. Obviously you don't want to share market secrets, but sharing some logistical data doesn't seem too harmful. You aren't sharing the "secret sauce" Sometimes competitors make the best friends.