Everything is now a platform business as smartphone penetration into a global user base has upped the ante on the lucrative business of connecting people.
If a founder gets lucky, a product will turn out to be a success. If a founder gets lucky twice, there will be another successful product that complements the first one. If the universe continues to smile upon that founder, the products might even become a platform.
If you google “platform businesses”, you’ll find that Google is a good example of one. If you bing “platform businesses”, you’ll have just used a search engine with plenty of potential but limited success to show for it, despite Microsoft’s muscle being behind it. That may change in years to come...
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