👋 On time for your weekend: a round-up of this week's most remarkable stories at the intersection of #ecosystem#innovation and #platform#organisation.
OnlyFans
Going live was in no way novel, but it worked extremely well for OnlyFans. While other live platforms saw performers as a liability, OnlyFans saw them as an asset. Instead of banning them, they empowered them. Instead of demoting their content, they celebrated it. If you think about it, it's not so dissimilar to what AWS did to infrastructure engineers.
❤️ On modelling for the Creator Economy — by Consumer Startups
Marketplace or Reseller?
It is rare that all factors point in the same direction, i.e. either pure marketplace or pure reseller, so the optimal position is usually somewhere in the middle, leveraging the advantages of both modes. This explains why there are few if any pure, bare-bones marketplaces today (like Craigslist): all modern marketplaces are managed to a certain extent, because they found ways to profitably offer valued added services to one or both sides.
🤸♀️ Or transition from one model to the other one — by Platform Chronicles
Transitioning to the Gift Economy
But if my product does satisfy your needs, or is transformative in some way, my bet is you’ll genuinely want to reciprocate the value I’ve added to your life. Not because I’ve coerced you, or because I’m playing mind games. But because you’re human, and we’re hardwired to reciprocate when people are generous towards us. It’s a crucial ingredient in the social glue that holds relationships and groups together.
👯 On modelling for reciprocation — by Ungated
If you like this digest, you might appreciate the sister newsletter at the intersection of #technology, #business, #design, and #culture as well. This week's edition is all about Win and Help Win.
👷🏻♀️👷🏻♂️Our Work
Sharing how to beat the Innovator’s Dilemma in the Passion Economy— R&D Innovation Conference.
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