I have a headache whenever the startup founder(s) tell me they are starting a platform business, and their products are like Uber of XXX, or Airbnb of YYY. Ooops.
I am still not sure why people believe platform play is easy, and also somehow believe their (small) companies are as good as Uber or Airbnb. In fact, most of them don’t even understand the different platform business models, and don’t know what they are doing as well as why they are doing that.
So, here is it, the main digital platform business models, for their reference.