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  • Writer's pictureAdriana Lakatosova

Platform Digest 2022.08: On Distributed Lessons Learned

👋 On time for your weekend: a round-up of this week's most remarkable stories at the intersection of #ecosystem #innovation and #platform #organisation.

The Professionalization of Startups

There is a growing population of people that have learned the lessons of the last few decades through their experience building the greatest generation of technology companies in the history of mankind. And as those lessons get distilled to a broader group of people we no longer have to spend so much time reinventing the wheel. Progress comes out of learning from past experiences. And it comes more quickly when those lessons are effectively distributed... People who have spent years not just learning but inventing these playbooks and best-practices are nodes within the collective knowledge base around building technology.

🏋️‍♀️ Practice makes the master - by Kyle Harrison

The murky underbelly of rural India’s creator economy

Payments given to YouTubers or Instagram creators are based on various factors. This makes the payment structure in the industry highly fragmented... Kukreja, who has been recruiting creators since the early days of TikTok in 2017, says there are many so-called agencies in the market that represent creators but take away about 80% of the revenue. She said short video platforms are always on the lookout for new creators and pay these agencies and contractors to get them on their platforms. But there is a lot of discrepancy in the pay structure and often a very small percentage of the money is passed on to the creators themselves.

😠 on exploiting creators - by Shadma Shaikh

Why OpenSea’s NFT Marketplace Can’t Win

These issues might just come down to growing pains. “As you scale a company, you're going to be introducing more people—and as you introduce more people, your level of code quality is going to vary across the different hires,” says Taylor J. Dawson, a software engineer who worked as OpenSea’s founding engineer from February to June 2020, and now works for blockchain infrastructure company Blocknative Corporation. Dawson interprets OpenSea’s struggles as natural consequences of the company’s expansion, and stresses Finzer and Atallah’s “attention to detail” when it comes to developing their platform.

🚀 on learnings from a start-up’s lifecycle - by Gian M. Volpicelly

🎧: Asking dumb questions

There was this study from the FTC last year on how many acquisitions Google, Apple, Facebook, Amazon and Microsoft had made. It was sort of 400-500 companies in 2009 and 2019, that kind of period. That sounds like a big number. Most of them are 5-10 person companies. There is 3-4 thousand companies founded in Silicon Valley every year. So you are actually looking at tens of thousands of companies. There is the narrow point of GFAAM’s acquisitions as a percentage of the overall market. The broader point is just how much tech is being created now.

👩‍🏫 this sounds like a lot of opportunities to convert learning into knowledge and distribute it - by Benedict Evans

If you like this digest, you might appreciate the sister newsletter at the intersection of #technology, #business, #design, and #culture as well. This week's edition is all about Conscious Tech!

Please, feel free to send tips, comments, and ideas for the next digest by replying to this post. Or, send them directly to 🙏


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