Many software businesses perform a schematic task: they help a user take some large, unwieldy, ever-evolving set of data, and impose some kind of schema or taxonomy on it, thereby making it manageable and useful. In the past two decades, many such businesses have become extraordinarily successful — adding up to many hundreds of billions of dollars in valuation. They come in many shapes and flavors, for example:
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#18: The End of Schematic Businesses?
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Many software businesses perform a schematic task: they help a user take some large, unwieldy, ever-evolving set of data, and impose some kind of schema or taxonomy on it, thereby making it manageable and useful. In the past two decades, many such businesses have become extraordinarily successful — adding up to many hundreds of billions of dollars in valuation. They come in many shapes and flavors, for example: