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.
Platform business model: the most revolutionary innovation idea right now
The platform business model must be considered the most important and revolutionary business model of the last decade or two. Google, Facebook, Alibaba, Uber, Airbnb, Paypal and many other of the most successful startups are built on this business model.
The great misconception is that this is only an opportunity for high-flying IT companies. In reality anyone can come up with these ideas. Why should not an incumbent from the hospitality industry come up with the idea of TripAdvisor or Airbnb? Gain the knowledge you need to understand how this business model works and develop your own ideas.
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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.
Android is on 1.3 billion smartphones and that before Google (Android owner) had produced any phone themselves. Behind the curtain lies the probably best IP management strategy of the past decade… learn from Google’s mastery
We are comparing the business models of Zipcar (as a representative of on-demand or pay-per-use business models) and Uber (as representative of platform business models) to each other