Uber. Airbnb. Google, Facebook, PayPal and many others. They drastically transformed their markets. Today they are some of the most envied companies in the world. What’s the secret to their success? These revolutionary businesses are built on (multi-sided) platforms and they have not only changed their industries but are also redefining we the way we do business.
Some of the biggest startups of the last two decades are platform businesses. Google, Facebook, Uber, Airbnb and eBay are just a few examples. And platform businesses have become some of the most powerful businesses in modern economies.
Inspired by these phenomenal successes, innovators have started bringing platforms into an increasing amount of industries. And it is more than likely that they will start reshaping many of those industries where they have not already done it. And at the same time, …
What do Google, Facebook, Alibaba, Uber, Airbnb have in common apart from the fact that they are some of the most valuable start-ups of the recent years? They are all platforms businesses! The success of these envied companies has made the platform business model the holy grail of business models.