Why Big Tech Companies Aren't 'Platforms'

The video discusses the concept of platforms, clarifying that they are not inherently new or magical business models. It highlights the economic realities of platforms, noting that digital versions often face more competition and lower profitability. The target audience includes investors and business students, emphasizing the importance of understanding the fundamentals beyond buzzwords. The 'platform delusion' is debunked, stressing that not all platforms have a competitive advantage.

What role do business school students play in the rise of early-stage companies?

How does the concept of 'platform delusion' relate to the fundamentals of business?

What is the significance of competitive advantage in relation to platforms?