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> Partnering with store management systems made it easier to hack the supply side, but dictated our development efforts and unit economics. We had massive platf
by ed25519FUUU 4y ago
> Partnering with store management systems made it easier to hack the supply side, but dictated our development efforts and unit economics. We had massive platform risk. If any of our partners cut us off, we were screwed. Data couldn’t be our competitive moat, because we didn’t own it.
What’s the other option for these guys? They’re not generating any of their data. There’s no way to own it unless you own hotel or tour operators which is not likely. Even licensing the data doesn’t qualify as “owning” it for this purpose.
- idopmstuff 4y agoI think in this case the other option would be to try a different business. Sometimes businesses come with unavoidable, existential risks, and since you can't get rid of them you just have to figure out if that particular business is worth those risks.