Business Education, Entrepreneurship, Tech

I classified the entrepreneurs who create software platforms under 3 categories.

In the class I discussed that while creating hosted platforms that bring demand and supply together to transact, entrepreneurs may restrict their roles solely to developing the platform and hosting it, to functioning exclusively as Subject Matter Experts who hire third party software developers, or to acting as both SMEs and software developers. Which option an entrepreneur picks depends on his/her background and other exogenous and endogenous factors. I agree it may be argued that certain types have inherent disadvantages/disadvantages and that’s up for discussion. Click the image below to download the slides I used in the class. Hope you had some takeaways and points to ponder from this class. I admire your entrepreneurial drive and enthusiasm. I didn’t spend much time on monetizing APIs and if you have questions, please contact me in my Stanford email ID.


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Business Education

‘Valuation’ I said ‘is an art and a science’. I should have said ‘forensic science’.

WeWork was valued at $47 Billion in January 2019. In April 2020, it’s valued at $2.9 Billion. CNBC also reported ” Prior to the IPO filing, the coworking-space company was expected to seek a valuation as high as $100 billion”. Imagine that! As I said valuation is an art and a science. Looks like I should have said “foresic science”! Read on by clicking the image below and send me your views to my Stanford email ID.

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