Fair is what two consenting adults agree to in the market place.
>does anybody want to argue that Apple hosting the Patreon app on iOS provides more value to Patreon subscribers and creators than the existence of Patreon itself does?
I will. If most apple users refuse to go outside the app store for their content, Than clearly they care more about the ease of access than the content itself.
I agree that the high proportion t of take between the two firms says a lot about the state of the market. It also says a lot about the users, and what they care about.
I think people are shocked by these outcomes because they aren't used to thinking about transaction costs as meaningful. Transfer, trust, and triangulation are critical parts of an exchange, and their costs can be even greater than the good itself.
>does anybody want to argue that Apple hosting the Patreon app on iOS provides more value to Patreon subscribers and creators than the existence of Patreon itself does?
I will. If most apple users refuse to go outside the app store for their content, Than clearly they care more about the ease of access than the content itself.
I agree that the high proportion t of take between the two firms says a lot about the state of the market. It also says a lot about the users, and what they care about.
I think people are shocked by these outcomes because they aren't used to thinking about transaction costs as meaningful. Transfer, trust, and triangulation are critical parts of an exchange, and their costs can be even greater than the good itself.