Neil Young: Lack of open distribution stifles long-term platform innovation
Neil Young · 20VC: How To Analyse Platform Shifts Effectively, The Effects Of Not Having Free and Open Distribution & The Right Way To Think About Board Composition with Neil Young, Founder & CEO @ N3twork · Jan 26, 2018 · at 9:46
Neil Young, CEO of N3twork, discusses how closed app store ecosystems managed by platform holders slow down market evolution compared to open platforms.
0:00 / 0:06exact quote · 6.5s
720p mp4 · rendered on demand · StarZero watermark
“I think the fact that we don't have free and open distribution in the long term stifles the rate of change.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Neil Young
Neil Young: VCs who slow roll founders waste time and lose deals
“I would most like to see VCs respecting the time of entrepreneurs. I can tell you that when I go spend time talking to a VC, there's three types of interaction I have. There's one interaction, which is like very exciting. Holy shit. We have to work together. T…”
Neil Young: Mike Maples provides pragmatic 'lizard brain' clarity on boards
“If Bing is the wizard brain, Mike is the lizard brain, or as probably he would like to be the thunder lizard brain, but the lizard brain in that Mike very expertly states the obvious. His instincts about what you should do at any given point in time are not pa…”
Neil Young: Consumer VR suffered from overhyped short-term expectations
“I think early stage consumer VR has been suffering from that now for the last couple of years, and in the long run, VR may be a very, very powerful platform, but it may not quite fulfill the potential that those early stage Contributors and developers thought …”
Neil Young: Relying solely on organic virality cannot yield a predictable business
“It's very difficult for me to imagine building a business with any predictability that relies on, as its sort of core premise, the idea of making things that are popular and viral solely.”
Neil Young: Paid user acquisition is mandatory for crowded app marketplaces
“My sense is that today, paid is the number one thing that you need to think about, especially if you're operating in a very dense or crowded marketplace like the app stores.”
Neil Young: ngmoco sold after hitting a peak valuation multiple
“We reached a point where we felt like the valuation that we could get for the company at that particular moment was at its peak, at least for the short term. This apex evaluation that it would be difficult for us to get back up to again on a multiple basis for…”