Let me start by asking this question – what differentiates a platform from a product? A product is typically targeted at consumers and the only metric to measure the success of a product is the number of consumers using the product or the market share. But what is a platform? A platform is a product that goes beyond the consumers and builds a thriving ecosystem around it. Majority of this ecosystem consists of developers and other product companies that embrace and extend the original product. Facebook is undoubtedly a platform. That is because there is a very healthy ecosystem around Facebook...
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