What Path (V2) Should’ve Been
adii.me
adii.me
Bigger potential upside?
Their features are in the core focus of Facebook, so building on Facebook could be tricky, strategically.
This quotation from Dune always comes to mind, thinking about platforms: 'The power to destroy a thing is the absolute control over it.'
If they depend on a platform with which they are in competition, their product won't be nearly as valuable as it will be if they succeed in building a new network.
Maybe they'd be more likely to get traction, trying to build a complimentary product on an existing network, but owning the network is very valuable in the long run.
You can build a feature or a business. It seems like Path is choosing to build a feature and hoping to make a business out of it. That can work, but it's tough. They make great looking products, so hopefully that focus on design influences their competitors, who will likely be around much longer.
However, scaling a platform like Path is always a trade-off. And in a certain way, that's also similar to what Posterous is facing the next months.
You make it super attractive through channeling different opportunities in one platform or you make it superfluous as it serves as an coexistence to Facebook, g+ or instagram etc. If you manage to maintain traffic: Great. If not: You remain in history as a great platform that already existed. A great city with great attractions but no one living there.
Not to forget that the cross-service or let´s sets holistic-platform approach prepares good opportunities for an exit as you can basically transfer a lot of that information to other platforms. That´s worth something.
It's the beauty of the app that much of the joy springs from. I made a short relevant post on that on my blog http://mchrishawkins.tumblr.com/.