Platformonomics TGIF #141: October 2, 2026

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A stylized silhouette of a mountain range with sharp peaks, accompanied by a curved line at the bottom.

Platformonomics TGIF is a weekly roll-up of links, comments on those links, and perhaps a little too much tugging on my favorite threads.

I’ve been pacing my output here (for the good of humanity naturally), but am now back in the saddle. Consider yourselves warned.

The City of Seattle Responds to “Don’t Be Cleveland”

More coming soon on the very existential question of whether any level of government in Washington State can get their act together.

News

Never Take a Dependency on Crazy Mark: Here’s Your Chance

Header image for the article titled 'Launching Meta Enterprise Platform' dated September 28, 2026, featuring the Meta logo and an audio option to listen to the article.

I will need to dramatically upgrade my web site storage to fully explore the long and glorious history of Meta platform rug pulls.

Related:

Meta Earnings, Meta’s Timing Problems, The Financial Tail (Stratechery): “There simply is no world in which Meta is going to be an effective enterprise company, at least not in the next decade at a minimum (look at how long it took Google!)”, A Sketch of Meta as an Enterprise AI Company (The Diff)

Anachronism Watch: The Seattle Times

Shot

Headline from The Seattle Times discussing the role of human writers and editors in news reporting, authored by Michele Matassa Flores, with publication date and time.

Chaser

Headline about Seattle Times journalists protesting for job protections amid AI concerns during contract negotiations.

The Seattle Times’ entire strategy is to return to their glory years of the mid 20th century, saving them from having to figure out a 21st century business model. Yet 21st century realities keep intruding.

A suggestion: maybe promise to only report, write and edit stories with a quill pen?

Quick(er) Hits

Cleaning out some bookmarks:

The Anthropic IPO: it’s not often you get to invest in a religion.

Bloomberg: Oracle Cites ‘Force Majeure’ to Shield Itself on Controversial Data Center

A soldier in uniform enthusiastically exclaims 'ALL IS WELL!' while expressing excitement.

OpenAI on cutting off Cursor: “We are making this choice because we cannot be confident that SpaceX will use our technology within our terms of service, based on our experience with Elon Musk’s companies violating contracts.”

Tim O’Brien on Pace Fixing: an antitrust perspective.

Sad: The End of Private Equity’s Leveraged Buyout Era Is Nigh. Investors eventually demand cash.

Venmo has ceased to be a reliable payment mechanism. Too many inscrutable “Your payment can’t be completed right now” errors with no support. Zelle of course is an oligopoly of banks whose service and customer service are even worse.

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