Invest Like The Best
Episode 176 Platforms, Ecosystems, and Aggregators
Invest Like The Best

Episode 176: Platforms, Ecosystems, and Aggregators

Invest Like The Best

Episode 176

Platforms, Ecosystems, and Aggregators

Ben Thompson is the author of Stratechery, a business strategy newsletter. We cover his concept of aggregation theory, the evolution of the internet era, and how other tech trends have changed the business world for good.

[00:01:26] – (First question) – Companies that are built for the next disruption

[00:09:58] – Aggregation Theory and the Smiling Curve

[00:13:18] – Steps to creating an aggregator

[00:19:46] – Pattern of successful aggregators or luck?

[00:24:34] – How aggregators interact with suppliers and consumers

[00:30:49] – Taking on other aggregators

[00:34:09] – Platform vs aggregator in the scope of Shopify vs Amazon/Walmart

[00:40:55] – The Moat Map

[00:46:16] – Value chain thinking and profitable business models

[00:51:58] – Future of media and independent content creator’s vs bundles

[00:56:07] – Bundling independent creators

[01:00:37] – The infrastructure layer of technology and software companies

[01:02:35] – His thoughts on gaming platforms

[01:06:13] – The atoms vs the bits in the tech world

[01:12:18] – What he’s learned from covering Netflix

[01:13:46] – Kindest thing anyone has done for Ben        

Platforms, Ecosystems, and Aggregators

Introduction

Patrick
[00:00:49]My guest today is Ben Thompson. Ben is the author of my favorite business strategy newsletter called Stratechery. He's also the host of the Exponent podcast and now, The Dithering, a podcast he recently launched with John Gruber. I think Ben is among the most interesting business analyst in the world, and I've learned from and directly applied many of his ideas. We cover many of the major concepts he's introduced over the years, including his well-known aggregation theory. I think that to understand how the internet has changed the business world for good, you must read Ben and follow his thinking. I'm excited to finally have him as a guest on the show. Please enjoy our conversation.

Companies Built for Disruption

So Ben, I thought a fun place to start would be with a recent post that you called the end of the beginning, and we're going to back way up after we talk about this concept to talk about aggregators and platforms and ecosystems and all these cool things you've written about, but I'd love to start at the end there. Tell us a little bit about what you were thinking through in that post and why it might be important for this big incoming technology companies.

Access the full transcript
Sign in or register to view episode transcripts.

Contact

Get in touch at help@joincollossus.com