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FTX buys BlockFi for $25M, Sequoia raising $2.25B, AI Umpires for MLB, Substack layoffs | E1497

This Week in Startups

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Facebook's Copycat Strategy

This chapter explores Facebook's tactic of borrowing features from competitors, particularly its redesign of group functionalities to mimic Discord. It also discusses the implications of these practices on businesses and the tech industry, emphasizing the risks of monopolistic behaviors and the need for a diverse competitive ecosystem.

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