“Platform Business Model” This is a recent term that is commonly used to talk about ALL companies with network effects. In our opinion, it’s too generic and conflates too many concepts together. We think that one network effect is a “2-sided Not all network effects companies are platform network effect.” We prefer to break platforms - platform out the 13 different network effects because we nfx are just one of 13 think it produces more a precise and revealing network effect types analysis. To raise money today, it’s popular to say “make your product a platform.” But we think this refers to a specific type of approach where other independent companies are building their own products on your product. Read more about the platform vs. network effect business model 40
The Network Effects Bible Page 39 Page 41