Facebook is acquiring tbh, another burgeoning social network; regulators erred in allowing the Instagram and WhatsApp acquisitions, but there is no better place to start enforcing the law than now.| Stratechery by Ben Thompson
The Moat Map describes the correlation between the degree of supplier differentiation and the externalization (or internalization) of a company’s network effect.| Stratechery by Ben Thompson
Google and Facebook represent one philosophy, and Microsoft and Apple represent another; tech needs both, but ultimately platforms are more important than aggregators.| Stratechery by Ben Thompson
Netflix has a lot more in common with Uber and Airbnb than you might think: it all comes back to the Law of Conservation of Attractive Profits, a core principle of disruption| Stratechery by Ben Thompson
The disruption caused by the Internet in industry after industry has a common theoretical basis described by Aggregation Theory.| Stratechery by Ben Thompson