By Alex MoazedFebruary 01st, 2016
The complete archive of our weekly newsletters can found here. We regularly write for Inc. Magazine and TechCrunch in addition to content we publish exclusively on our blog and website. If you’re interested in signing up for our newsletter, please add your email on the left side of this page.View Post
By Nathaniel MalkaJanuary 15th, 2016
Last week’s CES saw an estimated 170,000 attendees descend on Las Vegas for another record-breaking round of updates from 3,800 exhibitors, their consumer electronics products and technologies, and myriad personal step counters.
Compared to last year, whereas 2015 saw an explosion of exciting new products in the connected home, wearables, VR and media, 2016 was expansive but seemed to beg more questions than answers, from decidedly young fields.
As we did last year, Applico pondered the…View Post
By Alex MoazedJanuary 15th, 2016
Product/market fit was a term coined by Marc Andreessen, “Product/market fit means being in a good market with a product that can satisfy that market.”
For platform businesses, product/market fit more succinctly means being in an ecosystem with a product that can achieve critical mass. We define critical mass as the point when a platform overcomes the chicken and egg problem so that the value a new user gets from joining the platform exceeds the cost of participation. At the point of…View Post
By Erik ZambranoJanuary 07th, 2016
Let’s start off with some definitions.
A platform is a business model that enables the exchange of a value (that is not directly owned or created by the platform) between two or more user groups through technology. Uber, Airbnb, Lending Club, Snapchat, Twitch, Instagram, Facebook, Apple’s App Store, Android, and Twitter are all platforms. We like all types of platforms. We’re the Platform Innovation company!
A linear business creates and owns the inventory and value it provides…View Post
By Erik ZambranoDecember 15th, 2015
Applico helds its quarterly Platform Innovation Meetup, Platform Journeys to Critical Mass at Grand Central Tech in NYC on December 12th, 2015. There was a fireside discussion between Applico CEO Alex Moazed and Upwork CEO Stephane Kasriel. Afterwards there was a panel discussion moderated by Applico Principal Greg Battle and featuring leadership from Managed by Q, Classpass, Stringr, and Kinnek.
Platform Takeaways from Upwork
Upwork is a freelancer marketplace platform used by over…View Post
By Dominic EspositoDecember 14th, 2015
Today we tip our hat to a specific type of platform business that is pushing the envelope and evolving the business model–commoditized service marketplaces.
Difference between commoditized and non-commoditized service marketplaces?
Service marketplaces can be characterized by whether they are commoditized or non-commoditized. Where they fall on the spectrum is a function of how much the service they market can be standardized. For example, Uber is commoditized platform. The provide a…View Post
By Alex MoazedDecember 06th, 2015
It is very difficult for non-technical founders/ entrepreneurs to hire their first full-time engineer. There is an inherent disconnect between a technical and a non-technical person. While the non-technical entrepreneur is more versed than the average person about software development, their knowledge is nowhere close to the deep domain expertise of the engineer. What can non-technical entrepreneurs do to mitigate the risk involved in hiring a technical resource as a non-technical…View Post
By Dominic EspositoNovember 20th, 2015
Connected devices will…
- Actually be connected.
Today, connected devices is actually a misnomer. For one, a “connected device” only syncs with a handful of other devices. We will soon see a unifying IoT standard come to life. It could be Google’s Project Billo (Thin Android OS for connected devices) or another competitor.
- Become consultants.
Once connected devices can talk to each other on a unified platform, they’ll be able to predict consumers needs before consumers…