Harvard Business Review: A Study of More Than 250 Platforms Reveals Why Most Fail

  • since many things can go wrong in a platform market, managers and entrepreneurs need to make concerted efforts to learn from failures.  
  • since platforms are ultimately driven by network effects, getting the prices right and identifying which sides to subsidize remain the biggest challenges
  • put trust front and center
  •  timing is crucial. Being early is preferable
  • hubris can lead to disaster

Source: the fabulous HBR

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