Assignment Task: Analyze where in the technology lifecycle Resy is, and whether it disrupted other technologies and/or is at risk of disruption by another technology.
Then compare Resy to its main competitor(s) in terms of the standalone value (i.e., the value if offers by virtue of what it does as a standalone product, like the speed and fidelity of a video game console, or the search tools, intuitive interface and recommender systems on a streaming platform) and network eternality value it offers (i.e., the value due to its a) installed base and b) the availability of complementary goods). Please make sure your conclusions about who offers the most value in each dimension and why are clear. Also make sure it is clear how much standalone value versus network externality value matters. A table comparing the firm and its competitors on a number of dimensions is appreciated!
Identify key similarities or differences Resy's platform strategy (e.g., how are boundaries of the ecosystem drawn and controlled? Does the platform create switching costs with customers and complementors that bind them to the platform? What is the business model and what are the pros/cons of that? Does the platform do something to manage overall value creation, such as managing which complementors get attention? Etc.) and draw conclusions about them.
Finally, offer specific and actionable recommendations for the technology's owner/sponsor to increase its likelihood of success.