In March, the NYTimes posted an interesting article, titled:
Platform Companies Are Becoming More Powerful — but What Exactly Do They Want? (Source)
It discussed how a “platform business” is “one built around matchmaking between vendors and customers. If successful, a platform creates its own marketplace; if extremely successful, it ends up controlling something closer to an entire economy. ”
A quote that resonates with us at Make/Grow Local is this:
Among them is their tendency to metastasize from transaction enablers to, with sufficient success, participation gatekeepers.
Let’s bring it local: be careful about which basket you place all your farm-raised eggs!