Why Platform?

Products have linear growth. Platforms have exponential growth.

The Transition

Phase 1: APIs

Let external developers integrate.

Phase 2: Marketplace

Let them build on top of you.

Phase 3: Ecosystem

Create dependencies that lock everyone in.

Examples

  • Salesforce: AppExchange
  • AWS: Partner network
  • Shopify: App store

The Metrics

Track:

  • Developer signups
  • Third-party apps
  • Platform revenue share
  • Ecosystem size

The Barker Method

Platforms are the ultimate triangle. Everyone builds your business for you.


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Network effects section is excellent. This is the leverage we discussed.