Modern Monopolies: What It Takes to Dominate the 21st Century Economy
Author | : | |
Rating | : | 4.88 (705 Votes) |
Asin | : | 1250091896 |
Format Type | : | paperback |
Number of Pages | : | 272 Pages |
Publish Date | : | 2017-09-21 |
Language | : | English |
DESCRIPTION:
In Modern Monopolies, Alex Moazed and Nicholas L. What do Google, Snapchat, Tinder, , and Uber have in common, besides soaring market share? They're platforms - a new business model that has quietly become the only game in town, creating vast fortunes for its founders while dominating everyone's daily life. Johnson tell the definitive story of what has changed, what it means for businesses today, and how managers, entrepreneurs, and business owners can adapt and thrive in this new era.. A platform, by definition, creates value by facilitating an exchange between two or more interdependent groups. So, rather that making things, they simply connect people.The Internet today is awash in platforms - Facebook is responsible for nearly 25 percent of total Web visits, and the Google platform crash in 2013 took about 40 percent of Internet traffic with it. Yet, few people truly grasp the radical structural shifts of the last ten years. Representing the ten most trafficked sites in the U.S., platforms are also prominent over the globe; in China, they hold the top eight spots in web traffic rankings.The advent of mobile computing and its ubiquitous connectivity have forever altered how we interact with each other, melding the digital and physical worlds and blurring distinctions between "offline" and "online." These platform giants are expanding their influence from the digital world to the whole economy
A must read for any serious entrepreneur or investor, as well as anyone interested in innovation."--Oisin Hanrahan, co-founder and CEO of Handy"This timely book very persuasively and elegantly sets out the framework for the emerging dominance of the platform business model. Modern Monopolies is essential reading for anyone who wants to understand platforms, as well as anyone considering building a new business.”--Sudip Nandy, Former CEO of Aricent and Frog Design"This book is satisfying and timely, a valuable contribution to our understanding of modern business."--Booklist. Modern Monopolies provides a deep understanding of emerging platform business models that is required to create the next , Google, or Uber."--Craig Hatkoff, Co-Founder of the Tribeca Film Festival, Disruptor Foundation"Modern Monopolies unmasks what Internet platforms are, how they work,and w
Alex Moazed is the Founding CEO of Applico and an expert on mobile and platform technology. He has co-founded the Application Developers Alliance. Magazine, The Wall Street Journal and The New York Times. He appears frequently on Bloomberg, CNBC and Fox, and has been profiled in Inc.
Uber, AirBnB Michael Plasmeier Modern Monopolies tells the story of online platforms - who are becoming powerful middlemen by facilitating transactions through their two-sided network. Uber, AirBnB, Ebay, Alibaba, and others don't operate any services themselves, but merely connect consumers to suppliers. By signing up and connecting the two sides they are building zero marginal cost businesses while taking advantage of dynamics which lead to one dominant platform in a market. The value grows as the number of connections increase.However,. This is an excellent book, and goes into great detail about its This is an excellent book, and goes into great detail about its premise (the "modern monopoly") and how it is fundamentally different from the traditional monopolies that dominated (and exploited) capitalism in the past. Unlike many other books, Moazed and Johnson draw their evidence from modern examples: Facebook, Apple, Google, Uber, the large players whom have made their fortunes from the new "platform business model".Modern Monopolies discusses the power of networks, and how the traditional "one-to-many". Lauren Hurst said An incredibly insightful book into modern business. I came across Modern Monopolies looking to grasp a better understanding of the in's and out's of platform business models. The book jumped right into case studies on why the platform model is disrupting and dominating society today. It brought the concept of platform-based business to an immediate comprehension and understanding of the core benefits. In reading further into the book, you uncover applications to a variety of industries and how to take principles from the learnings on the platform model to man