Source: Platform Revolution
What’s the Value of Communities?
Circulated: February 25, 2019
Standard accounting practices might not factor the value of communities into the value of a firm but stock markets do.
Network orchestrators develop platforms in which people and companies create value together: Uber and Airbnb [8.2 market multiplier based on a firm’s market valuation and its price-to-earnings ration].
Technology creators develop and sell forms of intellectual property: Microsoft and Amgen [4.8].
Service providers employ workers who provide services to customers: UnitedHealthcare and Accenture [2.6].
Asset builders develop physical assets that they use to deliver physical goods: Ford and McDonalds [2.0].