Fat protocols and venture capital

A quick post about fat protocols.I don’t think they’re right about this.Twitter could easily have been a fat protocol, and for quite a while the Union Square Ventures guys were pushing that idea. It’s a platform! they said.Then they did what owned platforms so often do, they took it back.Oh no we never said it was a platform.We never encouraged anyone to build on it.So instead of a million apps, there was one.They’ll do that with BitCoin too. Because it’s easier to go public with a big thick app than it is to sell the idea that one of your developers might eat your lunch.I think it’s totally possible that Twitter could have been thriving as a thick platform, but it requires a technologist to be in charge, one who knows how to relate to other technologists. You have to invest in your developers both with support and dollars. The thick

Original URL: http://scripting.com/2016/08/10/fatProtocolsAndVentureCapital.html

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