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Hower: Your Startup Probably Isn’t A Platform

Today’s VC post of the day is from Lee Hower (NextView Ventures) titled Odds Are, Your Startup Probably Isn’t A Platform. Lee totally nails it in this post and reminds us of two important things.

“Simply having an API doesn’t make your company a platform.  Similarly, simply having a piece of software that gets embedded in other products doesn’t make your company a platform… that just means your product is usefully extensible or perhaps you’re a dev tools business.”

The word “platform” became the overused word of 2010 – I wrote a post titled Your Platform Is Not In My Space where I actually referred to it as the most annoying word of 2010. Eventually words peak and disappear as tech cliches (thankfully the word “space” isn’t used 3,541,947 times a day anymore.) Until then, just know that every time someone calls something that isn’t a platform a “platform,” a puppy pivots somewhere.

August 23rd, 2011 by     Categories: VC Post of the Day     Tags: ,
  • http://blog.3bigheads.com John Stack

    I’m not going to take any chances on my next project: To build collaboration system oriented towards conflict resolution and brainstorming that developers can extend to resolve various societal issues. I guess all that it’s missing are users. 
    On a slightly more serious note: VC’s have tended to add the ‘#users’ modifier when defining a platform; however, technical folks (VC fodder) define a platform as a system upon which other solutions/features are built. Theoretically, at which #users made Drupal a platform? Facebook? Amazon?
    Perhaps another way to define platform is: When VCs see the potential for a hockeystick in user base.

  • http://blog.3bigheads.com John Stack

    I’m not going to take any chances on my next project: To build collaboration system oriented towards conflict resolution and brainstorming that developers can extend to resolve various societal issues. I guess all that it’s missing are users. 
    On a slightly more serious note: VC’s have tended to add the ‘#users’ modifier when defining a platform; however, technical folks (VC fodder) define a platform as a system upon which other solutions/features are built. Theoretically, at which #users made Drupal a platform? Facebook? Amazon?
    Perhaps another way to define platform is: When VCs see the potential for a hockeystick in user base.

  • Vernice

    Well platform for me is just an old story to hear.  I don’t believe on this concept! Nothing against the article, but I disagree with a couple of points to some extenct. Anyway thanks for posting.

    Vernice

    My blog :
    http://www.assuranceautoaukilometre.net