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    Platform Mechanics Entry #0294

    Why platforms prefer creators to institutions

    An individual supplier is cheaper to onboard, easier to replace and cannot negotiate terms. An institution can do all three in reverse.

    Adept
    The hidden part #0294

    A fragmented supply base cannot negotiate. Individuals absorb a rule change as a fact about the world; institutions renegotiate it.

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    Platform Mechanics Entry #0293

    The reason a viral post is rarely reproducible

    Most diffusion dies immediately and a few cascades run enormous. The difference is dominated by variance, not by properties of the item.

    Novice
    The hidden part #0293

    Nearly all cascades die at the origin and a handful run enormous. A formula extracted from a hit was fitted to one draw from that distribution.

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    Platform Mechanics Entry #0290

    Why a paywall changes what gets written

    Advertising pays for reach and subscription pays for retention. The two revenue models reward different subjects and different lengths.

    Master
    The hidden part #0290

    Advertising pays for the next reader and subscription pays for the returning one. Each buys a different kind of story, and neither buys the other.

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