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Strategy letter five says to commodify your complements, not substitutable goods https://www.joelonsoftware.com/2002/06/12/strategy-letter-v/ https://www.joelo
by wrsh07 3y ago
Strategy letter five says to commodify your complements, not substitutable goods
https://www.joelonsoftware.com/2002/06/12/strategy-letter-v/ https://www.joelonsoftware.com/2002/06/12/strategy-letter-v/
- jiggawatts 3y agoThis was written in 2002 and includes a warning to Sun about Java commoditising hardware: “When the music stops, where are you going to sit down?” That was… prescient. Oracle acquired Sun in 2009-2010 and notably Oracle is a software company that benefits from the commoditisation of hardware, unlike Sun. Java byte code portability is great for Oracle, but was a strategic mistake for Sun.
- wrsh07 3y agoIt's one of my all time favorites Grove talks about six forces: • Power vigor competence of competitors • Power vigor competence of suppliers • power vigor competence of customers • Power vigor competence of potential competitors • Force of complementors (Lol why didn't I write down the sixth in my notes?) And these are all super important for business analysis, but complements is somehow overlooked in casual study