Consider product-market fit: Bill Gurley, a venture capitalist who was one of the earliest investors in Uber, makes the point that not all markets are created equal. For example, healthcare is a massive market worth trillions of dollars, but it's notoriously tough to "disrupt" because of ...
Direct Network Effects → In the case of a direct network effect, or “one-sided network effect”, the value of a product or service rises in tandem as more users join the platform. The more users signed-up on and active on the platform, the more value derived by existing users. For ...
At that time, all brewers shouted about the "purity" of beer. Without clarifying what "pure" means. Hopkins did nothing to help Schlitz until he had a complete understanding of Schlitz's products and markets. So, Schlitz had him tour their brewery. He showed a mirrored room with beer drip...
The main aspect of the MVA is to zoom into existing markets to find those people whose needs are unmet by existing players.Is business strategy a science? Business strategy is more of an art than a science. In short, a business strategy starts with a series of assumptions about how the ...
In a business world driven by technology and digitalization, competition is much more fluid, as innovation becomes a bottom-up approach that can come from anywhere. Thus, making it much harder to define the boundaries of existing markets. Therefore, a pr
These examples demonstrate the practical application of reciprocity in various trade contexts. Reciprocity is a fundamental principle in international trade, fostering balanced and equitable trade relationships through mutual concessions. By understanding its importance, benefits, and challenges, policymakers and...
Apple is a tech giant, and as such, it encompasses a set of value propositions that make Apple’sbrandrecognized among consumers. The three fundamental value propositions of Apple’sbrandleverage the “Think Different” motto; reliable tech devices for mass markets; in 2019, Apple also started ...
Understanding Two-Sided Markets A two-sided market has both buyers and sellers, meaning that market participants can both buy and sell against these other market actors. Sometimes, market-makers are established to provide prices on both sides of the market at the same time. A two-sided market ...
The stock market is just one type of financial market. Financial markets are created when people buy and sell financial instruments, including equities, bonds, currencies, and derivatives. Financial markets rely heavily on informational transparency to ensure that the markets set prices that are effici...
Arbitrageurs: Using multiple assets, markets, and statistical tools, these traders attempt to exploit inefficiencies in the market or across markets. These traders may be small or large, although certain types of arbitrage trading will require large amounts of buying power to fully capitalize on ine...