By Alex MoazedJune 29th, 2014
With the rise of mobile and connected technology in the 21st century, a new business model is displacing the old linear one. This new model is the large, horizontally integrated platform business. Rather than delivering products to customers in a linear fashion, a platform business focuses on facilitating interactions between consumers and producers so that they can exchange value.
As the Connected Revolution continues, platform businesses will create more value than linear businesses…View Post
By Nicholas L. JohnsonJuly 27th, 2014
Applico was out in full force this Friday at the MIT Platform Strategy Summit. The event featured a collection of the leading academic and business minds on platform strategy, including Android founder Rich Miner and Alibaba’s Chief Strategy Officer, Ming Zeng.
The day kicked off with a presentation from John Hagel, author of the The Power of Pull, on how old “push” based business models are being over taken platforms that harness the power of pull.
Push businesses focus on…View Post
By Josh LiebermanJuly 25th, 2014
While Applico is a services company, we are constantly evolving and expanding our reach beyond current trends in platform development. Our most recent project is Pour, a connected keg prototype. written entirely by our interns James Liu and Philip Xu, with help from myself and leadership from Matt Powers, Matt Kofman, and Arun Venkatesan.
Pour itself is a keg companion app designed to monitor beer consumption. Pour yourself a drink from our connected keg while you’re logging in to Pour,…View Post
By Nicholas L. JohnsonJuly 18th, 2014
Here’s what we’ve been reading this week.
1. VCs Sounding Off on Uber, Lyft and the Ride-sharing Market http://goo.gl/Yol13u
VC’s offer their take on Uber’s valuation and the potential size of the ride-sharing market.
2. Platform Monopolies http://goo.gl/h7PRdh
Very interesting post by USV’s Fred Wilson on some of the issues around platforms as monopolies and the next wave of platforms. Be sure to check out the first comment from author Jeff Jarvis as well.
3, Twitter, Facebook,…View Post
By Alex MoazedJuly 18th, 2014
Take a look at the companies that recently have received billion-dollar-plus exits, IPOs or valuations.
What do these companies have in common? They are all platform businesses, and platforms are taking over our economy.
Rather than owning production and inventory like most traditional businesses, platforms simply facilitate the exchange…View Post
By Nicholas L. JohnsonJuly 13th, 2014
Over 100 NYC startup founders and entrepreneurs joined Applico on our rooftop for a special founders-only event this last Friday, featuring a Q&A with the founders of Handybook.
The crowd started to gather around 6pm, and #IgniteApplico kicked off with our DJ spinning from high above.
We were joined by a special guest from one of our sponsors, Spencer Lazar of General Catalyst Partners. Lazar spoke with Applico CEO Alex Moazed about Handybook’s progress as a platform, with the…View Post
By Lauren KritzerJuly 06th, 2014
Treatings is a professional networking platform based in New York City that has been called “the Tinder of the business world.” Many of us at Applico have met some very smart and interesting people on Treatings in recent months, so we were extremely excited when Treating’s co-founder Hayden Williams agreed to come give a lunch talk at Applico. After his talk, he was kind enough to sit down with me and talk more about his company. The Q&A is below.
Q: What do you see as the core…View Post
By Nicholas L. JohnsonJune 29th, 2014
This week TaskRabbit announced that it is blowing up its business model and becoming the Uber for everything.
As of July, TaskRabbit will replace the old auction-based system for facilitating exchanges with transparent pricing. Now a consumer will simply be offered a choice of three different producers with a listing of their hourly prices and experience levels and will be able to order services on-demand.
A preview of what…View Post