The Platform Paradox

 I often hear VCs say that they don’t back products, they back platforms. I find that logic backwards and in many ways dangerous for founders. Platforms can provide a durable competitive advantage, and it’s easy to understand why startups would want to create one, but great platforms are nearly always born from companies first creating great products with narrow, but compelling… Read More

http://ift.tt/1IpuUpv The Platform Paradox http://ift.tt/1Hv7DaX