The Power of Platforms
Hamilton and David discuss how platforms create value by facilitating exchanges between buyers and sellers, with technology playing a crucial role in lowering friction and enabling efficient transactions. They highlight the importance of mobile devices in discovery and the convenience of push-button transactions. The conversation also explores how platform power is determined by differences in performance and the size of at least one side of the platform. The examples of Airbnb and Uber illustrate the impact of unique supply and multi-homing on platform success.In this clip
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Platforms and Power (with Hamilton Helmer and Chenyi Shi)
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