👋 A weekly round-up of what was written or said at the intersection of #platforms, #marketplaces and #business, and stood out.
What it feels like when you've found product-market fit:
how do you know when you’ve built something people want? Below you’ll find stories from twenty-five companies — many of which have never been shared before — revealing the moment they realized they had something special.
🤓 Demystifying product-market fit—Lenny's Newsletter
Apple’s Ecosystem+:
The power of an ecosystem isn’t what Apple is able to skim from it but rather that millions of other people will want to encourage and preserve its existence as their livelihoods, hopes and aspirations will depend on it. This goes beyond loyalty of end users (which is extraordinary) as it’s a loyalty of those who co-invest in it. All participants in an ecosystem become partners in its preservation.
☝️Emphasis added: the core to any platform's product-market fit—Asymco
The Rise of Consumer Subscription Software:
The consumer pays a monthly or annual fee in exchange for ever-updating content and service options. The consumer never owns anything specifically but is paying for the right to access the service.
🤔 Or better yet, paying for the preservation of the ecosystem?—Eric Crowley