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2M API CALLS AT
A $2B VALUATION
Tyler Singletary
Klout Data, Lithium Technologies
Director of Platform
@harmophone
http://developer.klout.com
CAST(API_MANAGERS) AS VENTURE_CAPITALISTS
Platforms deliver value.
Platforms invest their resources through that value.
MODELS FOR VALUE
• Distribution/Ubiquity
• Unit Model
• Direct Dollars
• Strategic Value
• Trojan Horse
API RELATIONSHIPS
• All of these models require a two-
way communication
• Consumers get the data, access,
and relationships
• Mutual sharing of roadmaps,
demos, key accounts and
relationships
• External Product Management,
board meetings
SOME OF OUR ‘INVESTMENTS’
SOME OF OUR ‘INVESTMENTS’
SOME OF OUR ‘INVESTMENTS’
BUT
• There are plenty of failures
• We aren’t angels:
– Strategic advantages through
distribution
– Trojan Horse in an acquisition
– Eventual paid plans
2M API CALLS AT
A $2B VALUATION
Tyler Singletary
Klout Data, Lithium Technologies
Director of Platform
@harmophone
PHOTO CREDS
https://www.flickr.com/photos/annrkiszt/7085340853/in/photolist-bN7dZc-rXabSJ-Pkwqi-dLgtPD-6zn7s5-9CCy5U-7WTkQW-nmPjBr-dV6uMN-a3xUqj-cr3eaE-z
https://www.flickr.com/photos/8113246@N02/8552421931/in/photolist-e2Kp5x-9XtRMH-6XBJf5-k6LzB2-8px4nu-8WVJVi-dKcrUL-pfqYKW-rCEDcw-auiskx-JLb
https://www.flickr.com/photos/jeremy_lee_cassell/16873625037/in/photolist-rH4JRB-9nZm8b-9KA8wd-49bVuG-9KwK1X-cXTCzy-5vEKtP-rp65g-4rSf1N-4v35p
https://www.flickr.com/photos/107600344@N04/10897249415/in/photolist-xc3Ms-qNFcAK-qNFdmx-oB1kyo-hAXfAB-9tRCK1-9tNFdk-9tNF4V-HL1gk-qw7UFY-
https://www.flickr.com/photos/anaroz/2349665024/in/photolist-4zCDxW-a7xMdx-dHPaF7-banL8k-wUgPNf-pESXfF-y1E6iH-8NJojy-9qhFW4-8NFps2-gfB5tQ-aj
https://www.flickr.com/photos/jimandlinds/239872651/in/photolist-expbp2-6hFwL4-w53bj-6hFwLc-aTTRWZ-hs9dYm-6b8sRo-6htsyE-4qnQ8p-ncpMn-iGpwb-8g

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APIs as a Venture Capital Model

Notas del editor

  1. API Managers – broadly the evangelists, advocates, product, business development, whathaveyou-people Are in effect, gatekeepers Evaluating and predicting the value they can give, and the future return if their API partners Ryan Sarver Previously: Director of Platform, Twitter Now: VC at Redpoint Ventures
  2. You can’t invest if you don’t have capital. You build that capital by having something of value, presented and delivered in the most relevant way
  3. Once you’ve determined you have value You start looking to good candidates
  4. Units -> a cost-per-call, depending on endpoints Enterprise saas model
  5. We’ve directly monetized only a couple dozen of the thousands of applications built