Why Uber and Airbnb are eating up the world but so many "Uber for X" are failing? I have found a beautiful theoretical framework that explains it.
I am launching this project to force myself to record at least 10 minutes of tape a day, with three goals in mind:
I will be talking about the intersection between business, tech and arts.
Ben Thompson is the author of Stratechery, and he has come up with Ben Thompson.
This framework beautifully explains why some platforms are eating up the world and some others are failing, like "Uber for handymen".
Hotels integrate rooms with reputation. Their demand is, however, modular.
When you can comoditize reputation with user reviews you can unbundle rooms and make supplymodular. At the same time, you can use technology to reach an infinitely scalable customer base. In other words, you integrate demand.