A note from Maggie

New apps help sell more phones, which leads to increased reinvestment in phones and, in turn, back into apps. This is the platform-app feedback loop. Platforms, like the iPhone, enable new applications. New apps make platforms more valuable. The back-and-forth creates a positive feedback loop of compounding improvements.

Maggie Read Write Own, page 50 · February 29, 2024 Save to shelf
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