Kid Mercury's Blog - View Single Post

03-31-2009, 10:46 AM

Hi, er, Kid,

I assume you're the same kidmercury who posts on Fred Wilson's blog (although I came here from Hacker News)

I thought this post was very interesting, and would add the following:

The killer web app. platform will, in my view, have the following characteristics:

1) In the words of Tim O'Reilly, it will create more value than it captures.
i.e. developers/app owners get more out of the platform than the platform owners
(Think eBay)

2) It will be based on open source. This means that developers can share and build upon each others components (whilst always getting paid for their own work)

3) It will be transaction orientated, which means that developers will get paid on a per usage basis.

4) The developer community will have a very large say in how the platform evolves, and could, in theory, buy shares in the platform management company.

----------------------------------------------------------------------------------------------------------------

This is not really fantasy. My company, lmframework.com is working is this direction.

03-31-2009, 10:46 AM	#3
HymanRoth Guest Posts: n/a MercBucks: 0 [Check]	Good Stuff Hi, er, Kid, I assume you're the same kidmercury who posts on Fred Wilson's blog (although I came here from Hacker News) I thought this post was very interesting, and would add the following: The killer web app. platform will, in my view, have the following characteristics: 1) In the words of Tim O'Reilly, it will create more value than it captures. i.e. developers/app owners get more out of the platform than the platform owners (Think eBay) 2) It will be based on open source. This means that developers can share and build upon each others components (whilst always getting paid for their own work) 3) It will be transaction orientated, which means that developers will get paid on a per usage basis. 4) The developer community will have a very large say in how the platform evolves, and could, in theory, buy shares in the platform management company. ---------------------------------------------------------------------------------------------------------------- This is not really fantasy. My company, lmframework.com is working is this direction.