We have seen in the last few decades an explosion of new digital platform companies ? 176 of them with a market cap of over $1 billion – that thrive based on the power of the Internet. These include hugely valuable companies like Google (their search engine), Apple (their iPhone app marketplace), Amazon, and Facebook. These transaction platforms create value by facilitating ?transactions between different types of individuals and organizations that would otherwise have difficulty finding each other.?

from Forbes – Tech http://ift.tt/2akLJrz
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