Jan 4, 2021

What the $%#! is a Platform Company - dayone, Issue #12

By Marc Kermisch • Issue #12 • View online

The term Platform Company has invaded our business lingo. Over the past several years, the push for traditional companies to evolve into platform companies grows stronger. Few companies have made this transition, in part, because few understand what a platform company is. I tackle this topic and try to provide some clarity and foundational knowledge in this months issue.

What the $%#! is a Platform Company

Apple's App Store is the killer platform that has made the iPhone what it is today

I have competed against platform companies almost my whole career. I started my career in 1997, 3-years after Amazon launched. 10-years into my career, Apple iPhone launched with the App Store. 2 years into my career, Salesforce launched in 1999. I had just started a sales role and remember signing up for a free account to use as my customer relationship management system. As these companies grew, and the term “Platform” was coined, I had been using and competing with them for 15 years. [Read More]

Articles of Interest

MIT developed an autonomous 'Roboat' that can transport people and navigate through canals in Amsterdam

The Roboats use the same technology as self-driving cars to steer through waterways.

www.businessinsider.com • Share

Nanobots Will Be Flowing Through Your Body by 2030 | IE

In 10 years, tiny nanobots in your blood might help keep you from getting sick or even transmit your thoughts to a wireless cloud. Read more.

interestingengineering.com • Share

Community Takes All: The Power of Social+ - Andreessen Horowitz

No category is really won until the social product is built. These are challenges and the open opportunities in building “social+” companies.

a16z.com • Share

What I am Reading & Listening Too

Turning the Flywheel: A Monograph to Accompany Good to Great: Collins, Jim

The key to business success is not a single innovation or one plan. It is the act of turning the flywheel, slowly gaining momentum and eventually reaching a breakthrough.

www.amazon.com • Share

The Autobiography of Malcolm X by Malcolm X, Alex Haley | Audiobook | Audible.com

Discover The Autobiography of Malcolm X as it’s meant to be heard, narrated by Laurence Fishburne.

www.audible.com • Share

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By Marc Kermisch

I believe in the concept of relevancy as a key ingredient to success. Relevancy requires constant learning, challenging norms, and embracing the future. Welcome to Day One, where we cover a wide variety of topics, with a personal perspective, weaving in our own experiences to bring the topics to life. Our topics vary based on reader input, social and life events, and topics that may be just top of mind for us.

You can engage with us in a variety of channels by following us on LinkedIn, Twitter, or Medium. You can also email us directly at [email protected]

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