The API-based Business Model

Written by bobvanluijt | Published 2019/08/18
Tech Story Tags: entrepreneurship | scaling | api | business-model | latest-tech-stories | api-based-business-model | owning-the-interface | consumer-facing-interface

TLDR Jeff Bezos, CEO of Amazon, sent out an API mandate in 2002. Jeff argues that Jeff Bezos set a bold course that set the standard for how an industry operates. An API is to computers, what a graphical user interface is to humans but with three significant business benefits. The API resources expressed through the technology are no longer tools for the business anymore; they have become the business. The API based business model lies in the fact that charges can be added and created instantly and can be bought or stopped.via the TL;DR App
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Written by bobvanluijt | I'm the founder of SeMI Technologies
Published by HackerNoon on 2019/08/18
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