“The iPhone’s app store introduced business development on steroids. Nokia, BlackBerry, and traditional carriers sourced their apps contractually, whereas the iPhone created an open platform, allowing anyone to create apps for” — Sangeet Paul Choudary Copy Share Image
“The importance of understanding the platform business, as an enabler of interactions, cannot be overstated. In a connected world, businesses will increasingly focus on enabling interactions between users.” — Sangeet Paul Choudary Copy Share Image
“The iPhone’s app store introduced business development on steroids. Nokia, BlackBerry, and traditional carriers sourced their apps contractually, whereas the iPhone created an open… — Sangeet Paul Choudary Copy Share Image
“Many technology companies prioritize acquisition targets based on how well they are integrated with their existing API.” — Sangeet Paul Choudary Copy Share Image
“Platforms allow participants to co-create and exchange value with each other.” — Sangeet Paul Choudary Copy Share Image
“The importance of understanding the platform business, as an enabler of interactions, cannot be overstated. In a connected world, businesses will increasingly focus on… — Sangeet Paul Choudary Copy Share Image
“But today, the power of the network effect is fading. The network effect isn’t the one-stop solution for repeatable interactions that it once was.” — Sangeet Paul Choudary Copy Share Image
“The costs of coordinating labor and resources toward value creation are declining rapidly as new coordination tools enable a distributed ecosystem to work together… — Sangeet Paul Choudary Copy Share Image
