Platform Papers • 19 implied HN points • 13 Apr 22
- Platform-based entrepreneurship faces power imbalances and uncertainties inherent in platform economies, affecting complementors' risks and strategies.
- Entrepreneurs in platform markets must acknowledge the significant influence platforms hold over their businesses, leading to a high level of dependence.
- Multi-homing strategies, collective action, and engagement with regulatory bodies are crucial responses for platform-dependent ventures to mitigate risks and maintain agency.