Joys And Sorrows of the Platform Business Model
Most of us would be hard pressed getting through a day without interacting with at least one platform business: AirBnB, Uber, eBay, Amazon, Kindle, Google. But do we really understand how these businesses work? How do they make money? How do they differ from conventional ways of doing business? And what wider implications does the rise of platforms have for our economy and society?
On this episode of Think Business Futures, David and Nicole look at the theory and practicalities of platform businesses with Professor Haim Mendelson. Plus, Nicole asks Vanouhi Nazarian, Founder of Kindershare, about the benefits and downsides to running a platform business.