The Platform Stack #6
RECOMMENDED
Co-Innovation Platforms: A Playbook for Enabling Innovation and Ecosystem Growth is about how to use, as well as develop, a co- innovation platform to accelerate innovation and sustain ecosystem growth. It will show how you, your team, and your organization can participate in, and foster, collaborative innovation among a variety of organizations that are located outside of your company’s hierarchy - Tammy L. Madsen, David Cruickshank
Web3 and the revenge of the long tail Long tail markets and niche communities remain underserved on Web2 platforms. Serving these at scale may well be the true unexplored opportunity for Web3 - Sangeet Paul Choudary
The Uber Files, Musk Tries to Dump Twitter, Musk and the Hero Paradox - The way Uber expanded in cities one after other without approvals, was Uber/Kalanick wrong or bad ? Walking away from the Twitter deal, is Elon Musk wrong or bad ? How Kalanick & Musk fit into the ‘Hero’ Paradox ?🔒 - Ben Thompson
The 4 Key Problems that hinder growth in Platforms and Marketplaces What are the main issues that often affect teams and products seeking growth and how the growth should be address them ? - Simone Cicero, Luca Ruggeri, Manfredi Sassoli de
The promise of Web3 Frédéric Montagnon, co-founder and chairman of NFT platform Arianee, discussed the promises and challenges of Web3 and the new business models emerging in this space at the Platform Leaders - The Future of Digital Platforms conference on 7th June, 2022.
In case missed the event or would like to read the panel summaries and view the recordings again , click here.
Misinformation Is Here To Stay (And That’s OK) “Misinformation is a troubling but necessary part of our political discourse. Attempts to eliminate it carry far greater risks than attempts to navigate it, and trying to weed out what some committee or authority considers "misinformation" would almost certainly restrict our continued understanding of the world around us.” - Isaac Saul
NUGGETS
A very insightful breakdown on Doordash and it’s expansion efforts by Olivia Moore
TRENDING
The Uber Files
Uber broke laws, duped police and secretly lobbied governments, leak reveals - The Guardian
The Uber whistleblower: I’m exposing a system that sold people a lie - The Guardian
Uber paid academics six-figure sums for research to feed to the media - The Guardian
YouTube TV Now Has More Than 5 Million Users, Topping Hulu’s Live TV Service - Variety
Tencent, Alibaba and Didi fined by China antitrust watchdog for unreported merger deals as early as 2011 - South China Morning Post
WeChat Is China’s Most Beloved (and Feared) Surveillance Tool - Bloomberg
Amazon takes a Prime step back into restaurant delivery in the US with big Grubhub investment and partnership - Techcrunch
Reddit is launching a new NFT avatar marketplace - Techcrunch
GameStop launches NFT marketplace as it hunts for growth in digital-fueled turnaround - CNBC
TikTok owner ByteDance to launch new social media app for young users that will rival Instagram-like service Xiaohongshu - South China Morning Post
Amazon makes Grubhub deal to give Prime members fee-free food - Reuters
Gorillas’ Retreat Signals a Reckoning for Delivery Apps - Wired
DEALS
Deal size > $10m; includes platform companies only; non-exhaustive list
Klarna raises $800 million as valuation plunges 85% in a year.
MercadoLibre raises $233 million from Goldman Sachs to boost lending capacity
Kadmos, Germany based payment platform, raised €29 million / Series A from Addition and two other investors
Vegrow, a B2B agritech marketplace, raises $25 million / Series B in funding led by Prosus Ventures
Traba raises $20 million / Series A to match contractors with events and warehouse work
Tise, a second-hand clothing marketplace raised $20 million / Series Unknown from Bring Ventures and two other investors.
EVENTS
Platform Strategy Research Symposium - 19th July
PLATFIRMS UPDATE
Since last week, Platfirms added:
8 Deals | 10 Platform Companies